EU's AI Act Gets Mixed Reception [Forbes]
Rapid7, Inc. (RPD)
Last rapid7, inc. earnings: 2/10 04:05 pm
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Source: Forbes
The world's first major set of rules on the use of the technology classifies AI into various categories, from 'unacceptable' to high, medium and low risk. "We finally have the world's first binding law on artificial intelligence, to reduce risks, create opportunities, combat discrimination, and bring transparency," said Internal Market Committee co-rapporteur Brando Benifei. "Thanks to Parliament, unacceptable AI practices will be banned in Europe and the rights of workers and citizens will be protected." There's a total ban on the use of biometric categorization systems based on sensitive characteristics and untargeted scraping of facial images from the internet or CCTV footage to create facial recognition databases. Emotion recognition in workplaces and schools, social scoring, predictive policing based solely on profiling a person or assessing their characteristics and AI that manipulates human behavior or exploits people's vulnerabilities will also be forbidden. There are
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News
- Rapid7, Inc. (NASDAQ: RPD) is now covered by analysts at Scotiabank. They set a "sector perform" rating and a $46.00 price target on the stock.MarketBeat
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RPD
Earnings
- 2/7/24 - Beat
RPD
Sec Filings
- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
- 4/19/24 - Form DEF
- RPD's page on the SEC website