South Africa's Competition Commission Reports Threats from Big Tech, AI

The emergence of artificial intelligence (AI) technologies is significantly reshaping various sectors, prompting concerns about their implications on society. A recent Ipsos survey indicates that while 66% of respondents believe AI will greatly influence their lives, there are widespread fears regarding its potential misuse and impact on employment and privacy. In response to these concerns, regulations are being implemented globally, such as the EU AI Act, which aims to govern AI's development and deployment while addressing risks associated with its use. A new Minnesota bill has also been introduced to hold companies accountable for AI nudification technology, reflecting a growing push for responsible AI practices. Additionally, the Competition Commission in South Africa has raised alarms about the threats posed by AI and Big Tech to the media landscape, warning that this decline could undermine democracy. These developments highlight the urgent need for effective oversight and ethical considerations in the AI domain.