Will the EU be able to compete with the US and China? - Issue #6

Will the EU be able to compete with the US and China? - Issue #6

April 23, 2023

tldr;

The EU, US and China want to regulate artificial intelligence. Read about AI in Europe: What the AI Act Might Mean

FinTech Weekly Perspective

AI – Artificial Intelligence – doesn’t only make headlines for all the innovations it is involved in, but also because it’s time to regulate it.


Every time something becomes an integral part of everyone’s life and businesses, regulators need to address the possible disadvantages involved.


In the case of artificial intelligence, concerns regard countless sectors, from privacy to reliability, and it was even considered a danger to humanity.

Despite this, businesses find AI too useful to abandon it, and regulators are at a crossroads: how to keep artificial intelligence and, at the same time, provide guidelines and regulatory frameworks?

Regulators are already working on it, but it’s highly probable that not all regions will be able to be regulated by laws that will allow them to remain competitive.


Read our full article: AI in Europe: What the AI Act Might Mean


The European Union might not be able to compete with the US and China. Fintech is at risk, and investors and business owners are already concerned about the possible outcomes.

FinTech Weekly Picks

Key phrases

Older messages

Generative AI & Intelligent Virtual Beings - Issue #412

Thursday, April 20, 2023

Generative AI is playing a major role in the revolution we're living, but not all regions are equal. April 20, 2023 Top tech giants, banks and fintech companies are using or integrating generative

The End Of Twitter & New Rivals - Issue #411

Wednesday, April 19, 2023

The recent economic and financial downturn didn't stop fintech, but innovation still faces troubles. April 13, 2023 The fintech space is always able to innovate the different economies around the

Would you be able to answer correctly? - Issue #5

Wednesday, April 19, 2023

50% of people can't – a quiz that might help you discover more than you can imagine View this email in your browser Would you be able to answer correctly? - Issue #5 April 16, 2023 Let's recap…

Recession 2023: FinTech Weekly Weekend - Issue #4

Monday, April 10, 2023

Recession in 2023? It's very probable – but fintech reacts View this email in your browser Recession 2023: FinTech Weekly Weekend - Issue #4 April 10th, 2023 Let's recap… We're observing an

AI & (Troubled) Jobs - Issue #410

Thursday, April 6, 2023

AI brings many advantages to businesses across several industries, but concerns about the future of work arise. April 06, 2023 Artificial intelligence brings countless advantages to institutions and

🫂 Tesla's sharing

Sunday, May 28, 2023

Tesla's letting Ford drivers use its charging stations | UK retail sales ticked up | TOGETHER WITH Hi Reader, here's what you need to know for May 29th in 3:13 minutes. 🍦 It's time for the

🚀 It's NVIDIA's world....

Sunday, May 28, 2023

Plus, TikTok launches Shopping! ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Homebuyers are screwed

Sunday, May 28, 2023

Plus: Bill Gates' AI bet, and the best early-stage investors. View in browser Subscribe May 28, 2023 Hi, I'm Matt Turner, the editor in chief of business at Insider. Welcome back to Insider

Welcome to the ‘Airbnbust’

Saturday, May 27, 2023

Plus: $2.5 million cruise cabin, and airline catering truck tiny home. View in browser Subscribe May 27, 2023 Hello, Insiders. Ever find yourself sitting on your couch, mindlessly scrolling through

‘We made progress’

Saturday, May 27, 2023

Bloomberg Weekend Reading View in browser Bloomberg A debt limit deal seems near, and just days before the full faith and credit of the US would be placed in question for the first time in the

Sticking point

Friday, May 26, 2023

Bloomberg Evening Briefing View in browser Bloomberg Treasury Secretary Janet Yellen announced the department expects to be able to make payments on US debt up until June 5, four days longer than her

The Most Important Bank in the World

Friday, May 26, 2023

Plus: Starling Bank, Norinchukin, Citigroup ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Musk’s coming for your brain

Friday, May 26, 2023

Plus: ChatGPT's making people money, and the hack airlines hate. View in browser Subscribe May 26, 2023 Hello, Insiders. Jack Sommers, senior editor in the UK, here. You may love Elon Musk, or you

Wall Street: So about that US default

Friday, May 26, 2023

The latest in finance. View in browser INSIDER INSIDER Subscribe 10 THINGS ON WALL STREET Finally Friday! Dan DeFrancesco checking in from an undisclosed location (most likely with a drink in my hand).

💵 Nvidia aced it

Thursday, May 25, 2023

Nvidia's update had investors falling in love | A recession hit Germany| TOGETHER WITH Hi Reader, here's what you need to know for May 26th in 3:10 minutes. It's 2023: these days, crypto