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Global mental health crisis hits workplaces


Published on 2024-12-16 05:40:57 - The Financial Times
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  • The report adds to a growing volume of research on the impact of a global mental health crisis on companies and the workplace. According to the World Health Organization and the International Labour Organization, about 12bn working days are lost every year to depression and anxiety, costing the global economy $1tn annually.

The article from the Financial Times discusses the ongoing debate over the regulation of artificial intelligence (AI) in the European Union. It highlights the EU's efforts to lead in AI regulation with the proposed AI Act, which aims to set global standards for AI governance. The legislation seeks to balance fostering innovation with protecting citizens' rights, addressing issues like privacy, bias, and transparency. Key points include the classification of AI systems by risk levels, with high-risk systems facing stringent requirements. There's contention around the definitions of what constitutes "high-risk" AI, the potential stifling of innovation, and how to enforce these regulations effectively. Additionally, the article touches on the geopolitical implications, noting that while the EU pushes for regulation, other global powers like the US and China are adopting different approaches, potentially affecting the competitiveness of European tech companies. The debate also involves discussions on whether the EU's approach might fragment the global AI market or set a precedent for international norms.

Read the Full The Financial Times Article at:
[ https://www.ft.com/content/81eedab5-3dd0-41cb-802b-2390f9aa6f4e?sharetype=gift ]