The Office of Foreign Assets Control (OFAC) is an enforcement agency of the United States Department of Treasury. Under Presidential national emergency powers, OFAC acts to restrict transactions and freeze assets under the jurisdiction of the United States. Many sanctions are multinational in scope, are based on instruction by the United Nations and other international governments and involve the cooperation of allied governments.
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Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market.
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Over the last couple of years, it has become increasingly clear that many democratic governments have been taking a closer look at artificial intelligence (AI), both from a policy standpoint and as something to help their economies of the future.
Democracies have many open issues and can move more slowly, and policy is discussed more widely by the population.
Two pieces of news this week have shown the increasing focus on Artificial intelligence in the United States and the European Union (EU).The Brookings Institution has increased its focus on AI, even publishing an interesting book I reviewed earlier this year.
On December 1, Brookings held a webinar on the future of tech antitrust in the Biden administration.
Two of the first companies to operationalize AI were Amazon and Google, both targets for potential antitrust action.
To understand how that could impact the industry, many people are talking about the failed actions against Microsoft a few decades ago.