![]() That’s the biggest drop out of any film on the charts.Īs for that animated movie that Blade Runner 2049 beat… well, actually it’s “movies” plural. Did I say step? I meant drop as the superspy action romp lost a whopping 60% revenue in its second week. With a new number one, last week’s top film Kingsman: The Golden Circle had to step down. We probably also can’t discount the number of local sci-fi film geeks who probably went out to see this. Usually international buzz doesn’t really factor into local box office standings, but it may have done so this time around. However, for a mature R-rated sequel to a cult film from 30 years ago and which also didn’t do much in the way of explicit marketing, that is quite an achievement. The masterpiece sci-fi sequel debuted with R2.7 million which is normally not much to write home about. Luckily it seems that a little bit of sanity has prevailed as Blade Runner 2049 has indeed opened at the top of the SA box office this weekend past. After having family-friendly animated fare – most of which were pretty terrible – best far better live-action movies at the box office this year, I was totally expecting to open the SA charts and be angered. The object of this article is to: (1) provide an outline of the defining elements of the DMA and (2) identify key aspects of that legislation, whether from a substantive, procedural or institutional point of view, where the intended outcomes of the DMA might be compromised.Well, now. Whereas the so-called Digital Services Act was to deal with critical public policy issues that were consumer-facing, it was the Digital Markets Act (DMA) that laid out the unique regime that would apply economic regulation to large digital platforms. In response to the demands by EU Member States that appropriate action be taken to compensate for the slow and arguably ineffective application of EU competition rules, a draft regulatory package was introduced by the Commission in December 2020 that would regulate key problematic business practices of large digital platforms across the EU. The genesis of such a public policy choice in the European Union was brought into sharp focus by the protracted competition law investigation into various commercial practices of Google in internet search by the European Commission (the ‘Commission’), which had been ongoing since 2010 and which had to wait to be resolved by the vindication of the Commission’s 2017 decision before the General Court as late as November 2021. If the latter approach were to be chosen, this would mean that competition policy would be left with a complementary role to play, and one that would logically be directed at new modes of commercial behaviour. The EU’s Digital Markets Act: Opportunities and Challenges AheadĪs witnessed in a series of studies, analyses and papers published over the course of 2019−2020, an international consensus was emerging that the public policy concerns arising consistently in connection with digital platforms either required a fundamental rethink of how competition policy should address such concerns or provide the rationale for the creation of a sui generis regulatory regime. This article will consider two major forms of generative AI, in the context of risks to businesses: chatbots using generative pre-trained transformer technology programs and image generating programs. Not only can generative AI be utilised in chatbot programs to create text, but it can also be used in programs that can create images, sound or videos. In other words, it can mimic human intelligence by exhibiting analytical skills to create new content. It uses deep learning, a type of machine learning system that behaves like a neural network to simulate the functions of a human brain. Generative AI is a type of AI program that generates content from a data set. These machines have the ability to interpret, learn from and process external data in a way that is similar to the capabilities of the human mind. The general understanding is that machines will be ascribed with this intelligence. Fundamentally, AI is intelligence that is not biological. Is it wise to replace junior employees or lawyers with generative AI? What factors should be considered before deploying generative AI tools in your business? To consider these questions, we first need to understand the basic workings of generative AI and what it can offer. Some have gone to the extent of questioning whether professionals, such as lawyers, can also be replaced by generative AI. The rise in popularity of generative artificial intelligence (‘generative AI’) has ignited the discussion on whether junior employees can be replaced by it. Utilising Generative AI in Businesses: Risks and Best Practices
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