The Japanese privacy watchdog has warned OpenAI about collecting sensitive data. Meanwhile, the founder of GQG partners is questioning whether the stock market rebound is due to artificial intelligence (AI) hype.
There is exciting sentiment about the potential of AI, especially after the launch of OpenAI’s chatbot, ChatGPT. But regulators are working to ensure users’ privacy is not compromised.
OpenAI Faces Heat From Regulator
According to Reuters, Japan’s privacy watchdog, the Personal Information Protection Commission, has asked OpenAI to minimize the collection of sensitive data for machine learning.
And the watchdog has warned it may need to take further actions if needed. Along with a warning from Japan, OpenAI has also faced hurdles in other jurisdictions.
The creator of ChatGPT had to pause its operations in Italy for over a month due to restrictions from authorities. Then, on April 28, it announced a return to Italy…