It's not your imagination: tech really is underregulated. There are plenty of avoidable harms that tech visits upon the world, and while some of these harms are mere negligence, others are self-serving, creating shareholder value and widespread public destruction.
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@pluralistic When you boil it down, talking Big Tech is about talking software these days, and not too many in the business are measuring or applying meaningful metrics to software. Capers Jones and e.g., IFPUG have a lot of data and some good methods, but not too many are using their methods and data. This results in a lot of crappy software (apps, languages, tools, OSes, ...) with no empirical measure of its crappiness. #regulation please!
The federal #government is facing a dwindling window to #regulate the use of #ArtificialIntelligence in campaigns before the #2024election. The #FCC chair announced a plan last month to require #politicians to disclose #AI use in TV & radio #ads. But the prop is facing opposition from a #FEC top ofcl, which has been considering its own new rules on AI campaign use.
The dispute — along w/ #inaction at the #FEC & #Congress — could leave #voters w/limited federal #protections against those who use #AI to #mislead the public or mask their #political msgs…. New #generativeAI technologies have already proved capable of creating uncannily realistic images.
“AI has the potential to be very influential in our #elections, & right now, there’s a total vacuum of #regulation on this issue,” said Ellen Weintraub, the Democratic vice chair of the FEC.
"From the bosses’ perspective, nothing has changed about their behavior. Ten years ago, they twiddled the knob as far as it would go, every chance they got. Today, they do the same – the difference is that today, the knobs turn much more freely." - @pluralistic
@rbreich What they’re basically saying is you can steal and manipulate data from US citizens if the company is US owned.
This bill doesn’t even remotely get to the root of the mega-social-media problem. #regulation#tictocban#x#meta#bluesky
#Oil Companies Must Set Aside More Money to Plug Wells, a New Rule Says. But It Won’t Be Enough.
The new Bureau of Land Management #regulation, which applies to nearly 90,000 wells on federal public land, is hampered by math errors and overly optimistic cost projections.
“‘while allowing #theFed the flexibility to unwisely expand its remit into inherently #political areas such as #credit rationing & #banking#regulation.’ Here is #groupthink: ‘Despite the biggest #monetary errors in 4 decades,’ Katz & Miran write, none of the 9 recent appointees to the Board of Governors was on record as having made accurate predictions about #inflation’s path.
Thurs, the #Biden admin announced they are closing what is known as the #"GunShowLoophole," by tightening up the definition of what it means to be "engaged in the business" of selling #firearms.
The #ATF has just implemented a change in the federal register language, which was previously more specific to who was selling guns, & the agency did it in accordance w/the Bipartisan Safer Communities Act, passed in 2022.
“It will also close the #GunShowLoophole & it closes the fire sale loophole as well by clarifying how #firearms dealers who go out of business or lose their #license must go about liquidating their inventory,” #MerrickGarland told reporters. “Under this #regulation, it will not matter if #guns are sold on the internet, at a gun show or in a brick & mortar store, if you sell guns [you] must conduct #BackgroundChecks.”
The risks around artificial intelligence might be better understood by following the money not the technology....
This suggests we need to be regulating (better) the economic & market uses of AI, rather than focussing on its technical capabilities.
Indeed, states have a long history of regulating markets, and whatever some economists seem to think, regulation is what has most often saved capitalism from eating itself!
Fmr #Trump treas sec #Mnuchin is telling investors he has a plan to buy #TikTok
Mnuchin told potential backers he aims to maneuver around its price of >$100B & #China’s ban of the export of recommendation #algorithms.
He indicated he could overcome those hurdles by offering to buy the #app w/o the export-blocked #code, essentially forcing his consortium to remake a service built on billions of lines of code.
#JosephLieberman, the doggedly independent 4-term #US#senator from #Connecticut who was the Democratic nominee for VP in 2000, becoming the first Jewish candidate on the national ticket of a major party, died March 27 in NYC. He was 82.
The cause was complications from a fall, his family said in a statement.
…In Washington, #JoeLieberman became known as a serious-minded legislator adept at working w/colleagues on both sides of the aisle. One of his earliest achievements was having a leadership role in the bipartisan amendment in 1990 of the #CleanAirAct, beefing up federal #regulation of #pollutants.
He was also proud of bipartisan govt changes he helped enact after the Sept 11, 2001, terrorist attacks, most prominently the creation of the #DHS & the restructuring of the #intelligence community.
The #Biden Administration Has Taken More #ClimateAction Than Any Other in History
The #UnitedStates has accomplished more on #ClimateChange under the #BidenHarris admin than during any other presidential admin—& there’s still more to come.
Apple has very publicly told you to go fuck yourselves with its malicious compliance. What you do next will decide whether malicious compliance is acceptable in the EU or not.
“I never could have predicted the sheer scope of Tesla’s systemic disregard for the environment, and the laws that are supposed to protect it… let alone the regulatory malpractice that has enabled it.”
Markets are a value-agnostic resource allocation & exploitation system. If society prefers not to treat humans as resources to be allocated & exploited, then it needs to impose constraints on how markets work. That's regulations. Value alignment, if you will.
-- Studs Terkel