Dubai’s virtual asset regulator is the world’s first to create an HQ in the Metaverse
WHY THIS MATTERS IN BRIEF Regulators are often way behind the curve when it comes to learning about new technologies and innovations, and the risks involved, but Dubai’s VARA is bucking the trend. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, read...
Europe’s new Artificial Intelligence Act can demand AI models are retrained and deleted
WHY THIS MATTERS IN BRIEF Regulating AI, which is often seen as a black box is at best incredibly difficult and at worst impossible especially as we see AI’s spontaneously evolve as we have several times now. But it needs to be regulated. Love the Exponential Future? Join our...
Self-driving cars get a boost after US regulator removes requirement for humans to be in control
WHY THIS MATTERS IN BRIEF Removing, or adapting, the US highways regulations so that self-driving vehicles no longer need any form of human control or input is a major step in the future of mobility. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University,...
India drafts legislation to ban private cryptocurrencies like Bitcoin and develop a national coin
WHY THIS MATTERS IN BRIEF Cryptocurrencies and especially Bitcoin seem to freak most governments out because they reduces the state’s control of money, India could be setting a new global precedent. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog....
Singapore becomes the first country in the world to approve lab made meat for sale
WHY THIS MATTERS IN BRIEF For tens of thousands of years humankind have gotten their meat from animals, now that no longer needs to be the case. Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. Every new technology faces many...
Elon Musk’s SpaceX will make its own laws on Mars when it colonises the planet
WHY THIS MATTERS IN BRIEF Elon Musk wants to colonise Mars, and it looks like he doesn’t want to play by Earth’s rules when he gets there … Love the Exponential Future? Join our XPotential Community, future proof yourself with courses from XPotential University, connect, watch a keynote, or browse my blog. Elon Musk,...
US Patent Office rules AI cannot be a legal inventor
WHY THIS MATTERS IN BRIEF As AI and Creative Machines become capable of autonomously innovating their own products AI is increasingly becoming both tool and inventor which throws up a whole bundle of legal questions. Interested in the Exponential Future? Connect, download a free E-Book, watch a keynote, or browse my blog. As we...
All new UK homes will be off the gas grid by 2025 says UK government
WHY THIS MATTERS IN BRIEF As countries try to hit their emissions targets fossil fuels are under fire, now the UK government is calling time on domestic gas supplies. Connecting new homes to the UK’s gas grid could be banned after 2025 as the UK government, just like many...
Dutch man, 69, applies to legally change his age to 49 years old
WHY THIS MATTERS IN BRIEF As anti-aging technologies arrive one day the elderly may well have the bodies and minds much younger than their years, and that will cause a societal dilemma. There’s a lot more than you might realise going on in the world of ageing, or more...
EU law makers are thinking of letting people sue robots
WHY THIS MATTERS IN BRIEF As automation, in the form of autonomous hardware and software based robots, becomes more commonplace, law makers are debating who should be responsible for their actions. If a robot, acting autonomously, injures or otherwise wrongs a human, who will be held responsible? Some European...
UK Government mulls creating the world’s first Robo-Regulator for fintechs
WHY THIS MATTERS IN BRIEF Regulating industries and companies is an increasingly complicated task, and some are arguing that it’s one that should be automated and given to the machines, but that opens up its own set of challenges. The love affair British politicians have enjoyed with fintech since...
Israeli Robo-Lawyer trashes top US lawyers in head to head competition
WHY THIS MATTERS IN BRIEF Today we have contracts for everything it seems, and on top of that lawyers are expensive, and not everyone has access to them, Robo-Lawyer AI’s are helping democratise law and change that paradigm. Lawyers are pretty good at law-related activities, after all, it’s their...
Microsoft calls for a “Digital Geneva convention” to defang cyber attacks
WHY THIS MATTERS IN BRIEF In some respects we are starting to see the advent of open cyber warfare between competing sovereign nations and unless someone steps in the problem is only going to escalate. Last year cyber the rise of warfare prompted the US Government to implement a...
UK Government announces self-driving cars to hit the roads by 2021, prepares 1 million drivers for redundancy
WHY THIS MATTERS IN BRIEF The world around us is changing rapidly and the UK Government has just become the first government in the world to announce plans to start the transition to self-driving vehicles, quoting it’s going to be “painful and challenging.” Following in the footsteps of Dubai...
The FDA just approved it’s first trackable smart pill, more to follow
WHY THIS MATTERS IN BRIEF Not everyone takes their medication but now companies and doctors can tell precisely when and if a patient has taken their prescribed meds, but it opens up a whole set of questions about ethics, privacy and security. The US Food and Drug Administration (FDA)...
Maritime regulator gets set to allow autonomous ships on the high seas
WHY THIS MATTERS IN BRIEF As new autonomous ship technologies race ahead we mustn’t forget that nothing happens unless the regulators allow it, but now the dam’s bursting. It can be said that the majority of people and companies normally see change coming well before it arrives, take the...
San Fransisco mulls introducing America’s first “Robot Tax”
WHY THIS MATTERS IN BRIEF As the level of automation around the world increases governments are increasingly considering taxing robots, and, more specifically, machines that “automate” human jobs. Artificial Intelligence (AI), robots and other Robotic Process Automation (RPA) tools are now handling more and more of the work that...
Blockchain, EU GDPR privacy law could finally give users back control of their privacy
WHY THIS MATTERS IN BRIEF None of us have any control whatsoever over our personal privacy and the information that companies store on us, but Europe’s new GDPR law is about to change all that and as companies struggle to meet the deadline a paradigm shift in the way we...
South Korea introduces the world’s first “Robot Tax”
WHY THIS MATTERS IN BRIEF Experts and governments are predicting that a rising tide of automation will have a dramatic impact on today’s workforce and lower tax receipts, and taxing the machines and robots driving the revolution is becoming an increasingly popular idea. South Korea has introduced what is...
UN cancels crucial 2017 debate on autonomous warfare because Brazil owes it money
WHY THIS MATTERS IN BRIEF Noone wants war, and arguably noone should want autonomous war where AI’s and robots make the decisions, but for the fifth year in a row the UN has cancelled it’s scheduled debate, over the funding of the meetings. Share your opinion, is this an...
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