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The Roundtable: Navigating the Complex World of Data Privacy, Regulation, and AI

The need for a more proactive approach to data privacy and the potential benefits and risks of incorporating AI into the tech landscape.

In a recent roundtable discussion, industry experts Sam Sideman, CEO and Co-Founder of Innovo, Rob Nelson, Roundtable Anchor, Taylor Ferber, Host of Cancel Me Baby Podcast, and Jordan Edelson, Co-Founder and CEO of Trade Zing, engaged in a lively conversation about the challenges of data privacy, regulation, and the role of AI in the tech industry.

Sideman argued that current regulatory measures are ineffective, stating, "This kind of regulation isn't going to stop anything. Instead, they should look into some legislation that protects against all platforms from selling your data to these brokers, or owned by these companies that can use this data in ways that would not be good for the US."

Nelson agreed but highlighted the knowledge gap between regulators and tech experts, saying, "The major players understand this space a thousand times better than anyone in office, than any of the regulators." He also touched on the potential impact of AI on creativity, referring to it as "Matrix 2.0."

Edelson acknowledged that most consumers and companies have a retroactive approach to privacy and security, focusing on these issues only when they become a direct problem. He also emphasized the double-edged nature of AI: "AI can be actually leveraged for the good to track and see how data is being used, and provide analysis reports and do a lot of that heavy lifting that would normally require a lot of time. However, on the other side of that coin, platforms can leverage AI to process a lot more data and learn more about you."

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Watch the full discussion here: