PETER GRIFFIN: Getting in first to control artificial intelligence

Peter Griffin
Thu, 30 Jul 2020

A couple of years ago, when Microsoft saw growing public unease over use of facial recognition for surveillance in the United States, it set out on a mission to have it regulated.It kicked off an effort in Olympia, the capital of Washington State where Microsoft is based, to introduce legislation that would mandate scrutiny and oversight of facial recognition systems.In March, the state legislature passed the SB 6280 bill, making Washington the first state in the country to introduce a law specifically governing facial recognition. The bil...

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Markets

MARKET CLOSE: Reserve Bank measures limit virus-driven stock slide

Dan Brunskill | Wed, 12 Aug 2020

Reserve Bank stimulus helped soften a fall by New Zealand equities as investors reacted to a covid-19 flare-up which has put Auckland back into a level-3 lockdown. The S&P/NZX 50 Index declined 153...

PETER GRIFFIN: Tracing tech still running to catch up

Peter Griffin | Wed, 12 Aug 2020

We should have gone back into our state of covid-19 lockdown with an effective digital contact tracing technology in place.

Economy

UPDATE: RBNZ revs up the printing press, doesn't rule out negative rates

Rebecca Howard | Wed, 12 Aug 2020

(Updates to add comment from RBNZ governor and assistant governor) The Reserve Bank kept the official cash rate at a record low 0.25 percent but expanded its large-scale asset purchase programme t...

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