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AI might not be that good at trading crypto. Here's what you miss today in the world of tech.

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The EU might be tapping the brakes a bit on tech regulation. There are draft documents out there

suggesting the European Commission plans to simplify some of its privacy rules, including GDPR, to boost

AI growth and slash red tape for businesses in Europe. Quoting Politico, the European Commission

will unveil a digital omnibus package later this month to simplify many of its tech laws.

The executive has insisted that it is only trimming excess fat through targeted amendments, but draft

documents obtained by Politicoe show that officials are planning far-reaching changes to the

general data protection regulation, GDPR, to the benefit of artificial intelligence developers.

The proposed overhaul will come as a boon to businesses working with AI as Europe scrambles

to stay

economically competitive on the world stage. But touching the flagship privacy law, seen as the

third rail of EU tech policy, is expected to trigger a massive political and lobbying storm in

Brussels. Is this the end of data protection and privacy as we have signed it into the EU

treaty and fundamental rights charter? said German politician Jan Philip Pall. the end of data protection and privacy as we have signed it into the EU Treaty and Fundamental Rights

Charter, said German politician Jan Philip Albrecht, who as a former European Parliament member,

was one of the chief architects of the GDPR. The Commission should be fully aware that this is

...