they can also avoid sending proprietary data to systems controlled by outside providers.
Not only proprietary but also personal or other kinds of sensitive data.
If you are doing health research on databases of personal health data, you should be able to guarantee the safety of that data.
That means you can’t use the current American systems, because they’ve been shown to be insecure.
This would be a major issue in EU, where such data is legally protected.
I absolutely agree that that agreement is complete and utter bullshit.
Hopefully the shift there has been to achieve IT independence from USA will mean EU doesn’t give in so easy next time.
In theory fines in EU don’t have a ceiling. 10% fine of companys turnover with OpenAI (or any other company running on borrowed money) would be a pretty steep cost of doing business and I don’t think all (if any) of AI-hype entities could actually swallow that.
Obviously that’s just in theory, so far the fines have been a slight slap on the wrist, but mechanisms are in place to give actually meaningful fines for unethical practices. No one will go to jail tho, as EU doesn’t really have the power to jail US citizens.
Not only proprietary but also personal or other kinds of sensitive data.
If you are doing health research on databases of personal health data, you should be able to guarantee the safety of that data.
That means you can’t use the current American systems, because they’ve been shown to be insecure.
This would be a major issue in EU, where such data is legally protected.
Nothing a EU–US Data Privacy Framework can’t handle.
I absolutely agree that that agreement is complete and utter bullshit.
Hopefully the shift there has been to achieve IT independence from USA will mean EU doesn’t give in so easy next time.
These people are too rich to be punished by laws. They’re the people laws protect not the ones they bind.
Not in EU, Eu has given fines to those big tech companies before and can do it again.
Fines are just the cost of doing business.
Wake me up when corporate charters are dissolved and executives are put in prison.
In theory fines in EU don’t have a ceiling. 10% fine of companys turnover with OpenAI (or any other company running on borrowed money) would be a pretty steep cost of doing business and I don’t think all (if any) of AI-hype entities could actually swallow that.
Obviously that’s just in theory, so far the fines have been a slight slap on the wrist, but mechanisms are in place to give actually meaningful fines for unethical practices. No one will go to jail tho, as EU doesn’t really have the power to jail US citizens.
More than their profits? Their profits over course of the shittiness?
Being less bald face and trying to hide your corruption better than America doesn’t make you the good guy.