What are the key tech regulations to know?
An example of an AI chatbot conversation about key technology regulations and their implications.
What are the key tech regulations I should be aware of?
There are several key tech regulations, including GDPR for data protection, CCPA for consumer privacy, and COPPA for children's online privacy.
Can you explain GDPR in more detail?
GDPR, or General Data Protection Regulation, is a comprehensive data protection law in the EU that gives individuals control over their personal data.
What are the penalties for violating these regulations?
Penalties can vary widely; for GDPR, fines can reach up to 4% of a company's global annual revenue or €20 million, whichever is higher.
How do these regulations affect startups?
Startups must ensure compliance to avoid hefty fines, which can be challenging due to limited resources, but it also builds trust with users.
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