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Generative AI Regulations – What They Could Mean For Your Business

September 19, 2023 by abendersky Leave a Comment

If you’re asking whether you need to implement generative artificial intelligence (GAI) tools to support your business, you’re not alone. This technology can boost employee productivity, but is it safe? While these tools can help from marketing to customer service to data insights, business leaders have posed concerns about AI’s potential impact and dangers on society and some are calling for generative AI regulations.

What you need to know A global AI regulatory response has started to coalesce; in the U.S., lawmakers met with tech leaders in mid-September, and declared universal agreement on the need for AI regulation. The EU has already begun to audit AI algorithms and underlying data from the major platforms that meet certain criteria. As a business decision maker, you need to understand GAI — and how it impacts your work with other companies and consumers. 

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