What are the current global regulations on technology?
An example of an AI chatbot conversation about global tech regulations and their impact.
What are the current global regulations on technology?
Global tech regulations vary by region, but key areas include data privacy, cybersecurity, and AI ethics. Would you like details on a specific region?
Yes, can you tell me about the GDPR in Europe?
The General Data Protection Regulation (GDPR) is a comprehensive data protection law in the EU that enhances individuals' control over their personal data.
What are the penalties for non-compliance with GDPR?
Penalties for non-compliance can reach up to €20 million or 4% of a company's global annual revenue, whichever is higher.
How does GDPR affect companies outside of Europe?
GDPR applies to any company that processes the personal data of EU residents, regardless of where the company is based.
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