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Stock impact report

Japan privacy watchdog warns ChatGPT-maker OpenAI on user data [Reuters]

Similarweb Ltd. Ordinary Shares (SMWB) 
Company Research Source: Reuters
OpenAI should minimise the sensitive data it collects for machine learning, the Personal Information Protection Commission said in a statement, adding it may take further action if it has more concerns. Regulators around the world are scrambling to draw up rules governing the use of generative artificial intelligence (AI), which can create text and images, the impact of which proponents compare to the arrival of the internet. While Japan has been on the backfoot with some recent technology trends, it is seen as having greater incentive to keep pace with advances in AI and robotics to maintain productivity as its population shrinks. The watchdog noted the need to balance privacy concerns with the potential benefits of generative AI including in accelerating innovation and dealing with problems such as climate change. Japan is the third-largest source of traffic to OpenAI's website, according to analytics firm Similarweb. OpenAI CEO Sam Altman in April met Prime Minister Fumi Show less Read more
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