EU regulation sets fines of €20M or up to 4% of turnover for AI misuse

A leaked draft of EU regulation around the use of AI sets hefty fines of up to €20 million or four percent of global turnover (whichever is greater.)

The regulation (PDF) was first reported by Politico and is expected to be announced next week on April 21st.

In the draft, the legislation’s authors wrote:

“Some of the uses and applications of artificial intelligence may generate risks and cause harm to interests and rights that are protected by Union law....

California introduces legislation to stop political and porn deepfakes

Deepfake videos have the potential to do unprecedented amounts of harm so California has introduced two bills designed to limit them.

For those unaware, deepfakes use machine learning technology in order to make a person appear like they’re convincingly doing or saying things which they’re not.

There are two main concerns about deepfake videos:

Personal defamation – An individual is made to appear in a sexual and/or humiliating scene either for blackmail...