Now the European Commission plans to unveil far-reaching regulations to limit technologies powered by artificial intelligence. Sign Interventioh for The Morning newsletter from the New York Times Around the world, governments are moving simultaneously to limit the power of tech companies with an urgency and breadth that no single industry had experienced before.
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Their motivation varies. In the United States and Europe, it is concern that tech companies are stifling competition, spreading misinformation and eroding privacy; in Russia and elsewhere, it is to silence protest movements and tighten political control; in China, it is some of both. While nations and tech firms have jockeyed for primacy for years, the latest link have pushed the industry to a tipping point that could reshape how the global internet works and change the flows of digital data.
Australia passed a law to force Google and Facebook to pay publishers http://pinsoftek.com/wp-content/custom/life-in-hell/traditional-family-traditions.php news. Britain is creating its own tech regulator to police the industry. India adopted new powers over social media. And Myanmar and Cambodia put broad internet restrictions in place. China, which had left its tech companies free to compete and consolidate, tightened restrictions on digital finance and sharpened an anti-monopoly law late last year.
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This year, it began compelling internet firms like Alibaba, Tencent and ByteDance to publicly promise to follow its rules against monopolies. American trustbusting of steel, oil and railroad companies in the 19th century was more confined, he said, as was the regulatory response to the financial crisis. Yet while governments agree that tech clout has grown too expansive, there has been little coordination on solutions. Competing policies have led to geopolitical friction. Last month, the Biden administration said it could put tariffs on countries that imposed new taxes on American tech companies.]
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