Proximity of global AI regulation: Assessing AI safety measures

While Artificial Intelligence (AI) was merely a buzzword a few years ago, a spate of AI technologies are now transforming various industries and reshaping the future of work. In fact, AI has been instrumental in improving quality control standards, introducing more accurate forecasting techniques, facilitating personalized consumer experiences and is even helping to create highly realistic content through the use of Generative AI (GenAI). However, despite the huge benefits offered by AI, there are real risks and unintended consequences that internet users and organisations need to contend with. These include the usage of AI platforms to violate privacy rights, spread misinformation,