Chatbots are on the rise. This approach accounts for their risks

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Venkataraman Sundareswaran, Fellow, Mitsubishi Chemical Holdings Regulations for AI are falling behind the exponential growth of the use of it. Developing an internal governance framework for “high-risk chatbots” would take a company considerable time and resources. A useful […]

Court of Auditors: EU spending infested with errors well above the materiality threshold of 2%

Last Thursday 13 October, the European Court of Auditors, the institution which carries out the audit of European Union finances, published its report on the implementation of the 2015 EU budget. In the chapter of revenue transactions the ECA found no errors. As expected though, the picture changed drastically when the Court audited the expenditure […]