The World Economic Forum recently confirmed its intention to develop global rules for AI and create an AI Council that will aim to find common ground on policy between nations on the potential of AI and other emerging technologies. The trouble is that regulations designed to breathe life into the AI dream could in fact do the opposite, if not approached with care and due diligence. Regulatory compliance is important across the spectrum of business, from retail to banking, but it is also incredibly complicated, especially with new technologies being implemented into business models on an almost daily basis. Due…
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