"It’s astounding that our current federal laws don’t treat something as blatantly dangerous as guns" in a similar manner to food and drugs, says a reader.
The Broadcasting Regulatory Commission (BRC) bill has just been opened for consultation. This is good, because it is difficult to find anything good about it other than the openness to consultation. What is wrong with it is not that it contains provisions for license cancellation, as some in opposition have claimed; it is that BRC will be an instrument of the party controlling the government. What ..
Lord Holmes of Richmond emphasises the importance of the Financial Services and Markets Bill currently going through the House of Lords.
Post-ChatGPT, the chorus for AI regulation is reaching a crescendo. The one race that no one should win, however, is the race to the regulatory bottom.
Minister of Economy and Labour Jason Hayward provided an overview of regulations pertaining to the new minimum hourly wage rate of $16.40 that took effect on June 1st. Speaking in the House of Assembly on Friday [June 2] the Minister said, “I am pleased to rise today to provide to the Members of this Honourable […]
The SEC appears to be “taking its time” to establish clearer crypto laws, with many enthusiasts expressing concern that rulemaking could take years.
Kamala Harris can't be trusted with AI regulation. Rules for rapidly growing area of technology must be handled by a panel of experts, not the vice president.
The government is taking a “pro-innovation” approach.
The lawsuit comes a day after the regulator sued crypto exchange Binance and its CEO Changpeng Zhao.
The heat is coming on policymakers, as yet another plea is made by AI developers to regulate the technology. Last week, Sam Altman, Geoffrey Hinton, and a cast of thousands have issued yet another open letter, interpreted in the mainstream media as AI posing a “risk of extinction” to humanity on the scale of nuclear war or pandemics. Mitigating that risk should be a “global priority,” in their view.
The largest banks could see a 20% boost in capital requirements. And those with big trading units or fee-generating wealth businesses might take the biggest hits.
The Green Mountain Care Board resisted a push by the state’s hospitals to loosen revenue guidelines. Read the story on VTDigger here: State regulators stand their ground on hospital budgets.