US and UK refuse to sign Paris summit declaration on ‘inclusive’ AI
The US and the UK have refused to sign a declaration on “inclusive and sustainable” artificial intelligence at a landmark Paris summit, in a blow to hopes for a concerted approach to developing and regulating the technology. The communique states that priorities include “ensuring AI is open, inclusive, transparent, ethical, safe, secure and trustworthy, taking…
Canada and Japan Sign Global AI Treaty
Canada and Japan have signed the Council of Europe’s Framework Convention on Artificial Intelligence and Human Rights, Democracy and the Rule of Law. This international treaty establishes a legal framework for the development, deployment, and management of AI systems, ensuring compliance with human rights, democratic principles, and the rule of law. The agreement is designed…
Why Bad Governance is Bad for Business: The Cost of Data Governance Failures
Recent years have witnessed a surge in costly data breaches and regulatory fines for companies failing to prioritize data governance. Notable examples include Meta ($2.92 billion), Didi Global ($1.19 billion), Amazon ($877 million), and Equifax (estimated at least $575 million). These hefty penalties underscore the critical importance of robust data governance practices. The Rise of…
Sustainable AI: Balancing Innovation with Climate Responsibility
As the global race for artificial intelligence innovation gathers pace, a pressing question emerges: How do we harness AI’s potential without harming our environment? Leaders at the G7 are increasingly convinced that technological progress and climate sustainability must go hand in hand. At the heart of this debate is the power source behind our digital…
US AI Legislation in 2025: A Snapshot
In the rapidly evolving landscape of artificial intelligence, U.S. lawmakers are crafting a complex patchwork of policies instead of a single, comprehensive law. The latest overview from Software Improvement Group outlines several key areas: Federal Efforts At the national level, instead of one all-encompassing AI act, the U.S. relies on a mix of initiatives. The…
Canada Tightens AI Rules Amid Privacy Overhaul
Canada is rolling out stricter laws governing artificial intelligence (AI) and data privacy, aiming to curb risks like bias and surveillance while keeping pace with global standards. The changes, detailed in a recent analysis by law firm DLA Piper, reflect the country’s push to balance innovation with accountability. New AI Regulations Under the updated framework,…
Leveraging AI in Logistics and Transportation Industry
There’s a dramatic shift in the way retail industry delivers its products with today’s digital world. From $2, 382 billion in 2017 to $4, 248 billion in 2020, it is projected to grow almost double of up to $8,034 billion in 2027. As e-commerce continues to grow and the world becomes increasingly digitally interconnected, it…
Three Perspectives on How AI Will Transform Real Estate
Three Perspectives on How AI Will Transform Real Estate In JLL’s 2023 Global Real Estate Technology Survey, AI and generative AI were ranked among the top 3 technologies that were expected to have the greatest impact on real estate over the next three years by investors, developers and corporate occupiers. Increasing AI into daily functions…