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BBCNEWS World July 5, 2024

bloc known as mercosur likely to dominate. both blocs have entered the last stretch of negotiations to seal a trade deal that has been over two decades in the making. so what progress will be made this week? let s discuss this withjimena blanco chief analyst and head of americas research at the risk intelligence company verisk maplecroft. it s company verisk maplecroft. a really big week for ti eu it s a really big week for the eu and for south america. remind the viewers, mercosur what is it and who is involved with that and why is it taking so long for this trade pact to be aligned? be aligned? good morning, sall . be aligned? good morning, sally- the be aligned? good morning, sally. the mercosur - be aligned? good morning, sally. the mercosur and - be aligned? good morning, sally. the mercosur and eui sally. the mercosur and eu talks have been going on for a couple of decades, but in 2019, the south american block that comprises argentina brazil, uruguay and par ....

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BBCNEWS World Business Report June 4, 2024 04:36:00

Thoughts? the european commission thoughts? the european commission has - thoughts? the european commission has been i thoughts? the european . commission has been trying thoughts? the european - commission has been trying to regulate ai, started working on a regulation in 2020, what is happening this week at stressful the european parliament will be agreeing its position on the ai act, and later once that is established the debates between the european commission and the european commission and the european parliament and council will finalise the regulation in the regulation will come into effect may be in a year or two years. effect may be in a year or two ears. ~ . y ., effect may be in a year or two ears. ~ ., , ., , . effect may be in a year or two ears. ~ ., , . ., effect may be in a year or two ears. ., ,. years. what you expect to be in the regulation? years. what you expect to be in the regulation? the years. what you expect to be in the regulation? the regulationl the ....

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BBCNEWS World Business Report June 4, 2024 04:35:00

Will debate and vote on what s expected to be strict regulation for artificial intelligence. this comes hot on the heels of the uk prime minister announcing the uk would host a global ai conference later this year. and london tech week kicks off today with al top of their agenda. we ll talk to one of the organisers in a moment. but first let s talk to professor barry 0 sullivan who was till recently vice chair of the european commission high level expert group on al and now is at professor at the school of computer science & it at university college cork. good to have you on the programme. it is interesting. everyone is expecting whether in the us, europe or elsewhere, for the eu to be really strict when it comes to its decisions on regulating ai, what are your thoughts? on regulating ai, what are your thou~hts? on regulating ai, what are your thoughts? ....

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BBCNEWS World Business Report June 4, 2024 04:39:00

As i said earlier today is the start of london tech week, and ai will be high on their agenda the uk capital has attracted more new international tech companies than any other global city in the past decade. the sillicon valley venture capital firm andreessen horowitz is the latest to chose london for its first office outside the us. it has $35 billion in assets under management and plans to focus on crypto and blockchain start ups. russ shaw, founder of tech sector community tech advocates and involved in the running of this week s event. i don t know if you are able to hear how the e commission is poised to be nailing down its eu ai act, your thoughts on how that will play out, in terms of development of ai across the world? , ., ., development of ai across the world? h, ., ., development of ai across the world? ., , world? good morning, sally, i think generative world? good morning, sally, i think generative ai world? good morning, sally, i think generative ai will- world? goo ....

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BBCNEWS World Business Report June 4, 2024 04:37:00

A number of other systems that will be made illegal as well, that gives an indication of how strict you wants to be on al. we will also see very strong transparency measures on things like fakes, generative ai, so that people can trust what they see as real, and another issue is going to be for example, how we deal with the kinds of things people have been seeing recently, the chatgpt, the large language models and foundation model, the eu will be the first in the world to regulate these very strongly, so this is extremely ambitious. that was something the chief executive of open ai that was something the chief executive of open al was calling for when he was in front of the senate committee in the us, saying this is dangerous, and therefore there has to be a legal framework in place to make sure that bad actors or others do not abuse this? ~ , ,., , ., actors or others do not abuse this? ~ ,,., , ., , this? absolutely, we have seen this? absolutely, we have seen this coming this? ab ....

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