Recently, Meta's plan to use user data to train its artificial intelligence systems has sparked widespread public concern. This plan involves not only public data but also non-public user data. This move has been challenged under the UK's General Data Protection Regulation (GDPR), especially in complaints from the Open Rights Group.The organization has submitted a complaint to the UK Information Commissioner's Office, demanding an investigation into Meta's privacy policy. According to Meta, thes

Italy's data protection regulator has formally accused OpenAI of violating GDPR regulations with its developer ChatGPT. The accusation suggests that ChatGPT may have breached GDPR rules and could face hefty fines. OpenAI's method of training its chatbot by scraping data from the public internet may violate GDPR. The company has not obtained consent from millions of European citizens for processing their personal data and could face issues.

The report states that in the next 7 years, generative artificial intelligence has the potential to cumulatively add $1.2 to $1.5 trillion to India's GDP. It is expected that nearly 69% of the overall impact will come from industries such as business services, financial services, education, retail, and healthcare. Anticipated impacts include increased labor productivity, enhanced operational efficiency, and personalized customer engagement.

Goldman Sachs has raised its long-term GDP growth estimates for the U.S. and several major economies, anticipating that generative AI will enhance productivity over the next decade. The firm projects that by 2034, AI technology will contribute 0.4 percentage points to U.S. GDP growth, pushing the GDP growth rate to 2.3%. Additionally, Goldman Sachs has upgraded its long-term GDP growth forecast for the Eurozone, expecting it to reach 1.4% by 2034. The firm noted that companies will need time to adopt AI technologies, and their impact may take years to materialize. The report acknowledges uncertainty regarding the timeline and magnitude of these effects.