wordpress blog stats
Connect with us

Hi, what are you looking for?

China reveals that it could be years before its pioneering rules for algorithms are a reality

The draft regulations target algorithms used by tech companies to fine-tune their recommendations and drive business.

It will take China nearly three years to set up governance rules for algorithms, as per a statement by its cyberspace watchdog, Cyberspace Administration of China (CAC), according to a Reuters report. CAC said that it plans to formulate professional evaluation teams to analyse the mechanism of the algorithm thoroughly, the report added.  What did the CAC say? CAC’s statement advised the companies to ensure algorithms uphold core values of socialism and become “fair and transparent”, Reuters reported.  The watchdog also called for the development of systems for algorithm safety and responsibility. Why it matters: China has doubled down on its efforts to constrict the growing influence of the tech sector in recent years. It has launched investigations into large companies like Alibaba, Tencent, Didi, ByteDance, etc. in addition to passing sweeping regulations like the Personal Information Protection Law (PIPL), the world’s strictest data privacy law reportedly. Algorithms are deployed by most tech companies around the world. Therefore, China’s crackdown will shape how other countries deal with algorithms. The reason behind China targeting algorithms: Some of the biggest tech companies use algorithms to fine-tune their content recommendations on which a customer will spend more money and time. They use historical data to achieve this goal. Beijing is looking to tighten its grip on algorithms because they are becoming the linchpin of most companies as they grow into billion-dollar businesses. How it happened: CAC released the draft rules to regulate recommendation algorithms on August 27. The regulator said that the comments…

Please subscribe/login to read the full story.
Written By

I cover several beats such as Crypto, Telecom, and OTT at MediaNama. I can be found loitering at my local theatre when I am off work consuming movies by the dozen.

Free Reads

News

This should facilitate quicker settlement of funds for merchants and also boost user confidence in digital payments, RBI Governor said.

News

While Chandrasekhar said the advisory doesn't include startups, the advisory itself does not make any such classification based on platform sizes.

News

The case dates back to 2019 when Spotify filed a complaint against Apple's anti-steering rules which prevented apps like Spotify from informing their users...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ