US joins in call to regulate Big Tech; EU proposes AI tech regulation

US Joins In Call To Regulate Big Tech | EU Proposes AI Tech Regulation | Cyber In :60 | GZERO Media

Get insights on the latest news about emerging trends in cyberspace from Marietje Schaake, International Policy Director at Stanford University's Cyber Policy Center and former European Parliamentarian:

This week we talk about one of my favorite topics, regulation. Laws are often framed as a barrier to innovation and not always recognized as a key enabler of freedoms and the protection of rights. But what's more is that regulation is a process, and one that can have tons of different outcomes. So, being in favor or against regulation doesn't mean anything. Except that those who oppose any changes are apparently benefiting from the status quo.

Is the world at a tipping point when it comes to regulating big tech?

And I would say absolutely. The outsized power of big tech is recognized more broadly because the harms are so blatantly clear. Harms to democracy, public health, but also to fairness in the economy are all related to the outsized power of unaccountable and under-regulated big tech. Now, what's significant is that this debate has finally hit home in the United States after it was already recognized as a problem in many other parts of the world.

How does the EU's proposed regulation on AI technology differ from other countries, like China and the US?

Well, the brand-new EU AI regulation proposed this week takes a values, but also a risk-based approach, and essentially is the first continent to move with a comprehensive strategy for ensuring that AI does not cause death, or ends due process, destroys privacy, or creates unprecedented powerful corporate manipulators. So, all eyes are now out for what the European Parliament and the governments of EU member states will say in response to this proposal by the European Commission. Because together these three institutions will negotiate and ultimately vote before we can actually speak of a law that has entered into effect.

More from GZERO Media

Mastercard made a commitment in 2020 to help 50 million more small businesses accept card payments by 2025, a goal it recently met. Many entrepreneurs are tapping into digital commerce to gain an edge, harnessing the broadcasting power of social media and the data insights revealed by modern payment systems while offering shoppers more choice and convenience in how they pay. Read more about how Mastercard is helping provide small business owners with the newest payment technologies and data insights so they can succeed in the digital age and build a stronger, more resilient economy.

- YouTube

Trump’s return to power—amid global wars, strained alliances, and economic tensions—could radically reshape the world order. It threatens to deepen rifts with Europe, complicate Middle Eastern conflicts, and push US-China relations to a breaking point. That might not be a bad thing, according to Ian Bremmer. He breaks it down on Ian Explains.

- YouTube

As Trump makes his cabinet picks, there's a lot more clarity on the national security side than there is on the economic side, says Jon Lieber. He breaks down the key picks and the key roles that remain open so far.

Test of a Russian ICBM, launched on October 26, 2024. Since invading Ukraine, Russia has placed its nuclear forces on ready and has increased testing and development of its ICBMs.
Russia MOD via EYEPRESS, from Reuters.

All sides are pulling out the stops right now -- for one important reason.

Israeli Prime Minister Benjamin Netanyahu and Israeli Defense Minister Yoav Gallant attend a ceremony for the 70th cohort of military combat officers, at an army base near Mitzpe Ramon, Israel, October 31, 2024.
REUTERS/Amir Cohen

These warrants will pose a test for Israel’s Western allies if Netanyahu ever plans to visit, and raises questions over how they should interact with the Israeli leader more generally.

Former Rep. Matt Gaetz, R-Fla., withdrew his bid to become attroney general on Nov. 21 over continuing allegations of sexual impropriety. President-elect Donald Trump appointed him on Nov. 13, 2024.
USA TODAY NETWORK via Reuters Connect

Matt Gaetz announced Thursday that after meeting with senators, he would not go through with the nomination process to become Donald Trump’s attorney general, claiming he did not wish to be a “distraction.”

Are you a reporter and writer with creative flair and an academic or professional background in international politics? Do you think it's more important than ever to help the general public understand the dizzying political changes in the world today? If so, you could be a strong candidate to fill our opening for a senior writer on the GZERO Daily newsletter team.

Mexico's President Claudia Sheinbaum speaks, on the day of the 114th anniversary of the Mexican Revolution, in Mexico City, Mexico November 20, 2024.

REUTERS/Raquel Cunha

The lower house of Mexico’s Congress approved the text of a constitutional proposal to scrap oversight bodies on Wednesday, a first step in the ruling Morena party’s goal of eliminating autonomous institutions and consolidating power.