Technology news from around the web: March 18 – 22, 2024

EU lawmakers pass sweeping AI rules with global reach, stiff penalties 
Penalties include up to €35 million or 7% of a company’s total worldwide annual turnover — whichever is higher — for violations of a ban on “emotion recognition” in the workplace. 

New SEC cyber rules draw ‘question-begging’ breach disclosures 
Filers may be opening the door to investor confusion by reporting breaches that don’t appear to be “material” as described, without explaining why. 

The courtroom factor in GenAI’s future 
Developers of generative AI as well as businesses that use it may be targets of liability when plaintiffs cry foul of the technology. 

AI in hiring: Can it reduce bias? 
As governments increasingly fold artificial intelligence into their hiring processes, the question emerges: Does AI increase or reduce bias? Some experts argue that, when implemented responsibly, it reduces bias and directs a focus on skills.