Business news from Ukraine

Ukraine starts work on legal regulation of artificial intelligence

A strategy session with the participation of experts, officials, MPs and lawyers was the beginning of work on the regulatory field for artificial intelligence (AI), it discussed the paths Ukraine can follow in the field of its legal regulation, said Deputy Prime Minister and Minister of Digital Transformation Mikhail Fedorov.
“We should not lag behind the rest of the world, but lead the AI trend. It is impossible to talk about a digital state if we do not form a progressive policy in the direction of artificial intelligence and agendu for the world “, – wrote Fedorov in his Telegram channel on Wednesday.
According to him, the use of AI in Ukraine is planned in various spheres, in particular, the Ministry of Digitization is developing a virtual assistant in “Diya”, the task of which is to quickly find answers to users’ questions. In addition, AI will help Gosstat to process and analyze data, added the head of the Ministry of Digitals.
Separately, Fedorov noted the usefulness of AI in military technologies. According to him, artificial intelligence helps to fix the movement of equipment and personnel of the enemy, to shoot down missiles, to more effectively target UAVs, etc.
“We are creating conditions for top international companies dealing with artificial intelligence to come to the Ukrainian market,” Fyodorov added.

Development of artificial intelligence requires development of new laws – Ursula von der Leyen

The digital space is a “new frontier of fundamental rights”, a new world in which previous rules do not always apply automatically, European Commission (EC) President Ursula von der Leyen said.

“Think about children’s rights or consumer protection. But think also about artificial intelligence. Its potential benefits are enormous. But it can also be harmful, for example if it is used to hire and fire employees or to monitor citizens through facial recognition. We need new laws to embody our eternal values in the online world,” the EC chief said Friday in New York at the European Commission’s World Peace & Liberty Award ceremony.

It is an award given since 1965 by the World Bar Association for services to the defense of the rule of law as opposed to the use of force.

According to von der Leyen, Europe is leading the way in creating a legal framework for the digital age.

“We were the first in the world to set rules for digital platforms, and now we are doing the same with artificial intelligence. This means that all companies that want to operate in our market have to meet very high standards. Standards that center on people and their rights,” the President of the European Commission emphasized.

She said the EU is “working with like-minded friends such as Canada and the United States, as well as with Japan, Latin American countries and India, to develop equivalent rules so that technology enhances individual freedom rather than the ability of the state to control us”.

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