Canada moves to ban social media for children under 16 and regulate AI chatbots
AI Summary
Canada is proposing legislation to ban social media usage for children under 16 and to regulate AI chatbots. The new rules would impose penalties on companies failing to comply, including fines up to 3% of global revenue or C$10 million.
Companies could face penalties of 3% of global revenue or up to C$10 million ($7.2 million), whichever is more, for failing to comply.