Tag
AI REGULATION
Amazon.com Inc. will refund $1.5 billion to customers as part of a $2.5 billion settlement with the US Federal Trade Commission (FTC), following allegations that the company misled millions into signing up for its Prime membership and made it unnecessarily difficult to cancel.
While noting that AI technology has become a reality in Asia, America, and Europe, Tijani said Nigeria and Africa cannot afford to be left behind.
NCC said regulators are struggling with striking the right balance between risk mitigation and stifling innovation in their attempt to regulate Artificial Intelligence