A Senate Democratic report warns AI and automation could eliminate up to 100 million U.S. jobs over the next decade, raising political pressure for oversight. Axios
Google Europe EVP Debbie Weinstein called for EU AI rules to be streamlined, citing regulatory complexity that hinders innovation. The Times of India
The UK is reportedly considering an AI bill that would relax planning and environmental rules for large AI data centre projects, in designated “growth zones”. The Times
Regulation
The European Commission has opened a public consultation on draft guidance and a reporting template for serious incident reporting under Article 73 of the AI Act. Taylor Wessing+2Hunton Andrews Kurth+2
The G7 Cyber Expert Group issued a statement tying AI risk to cybersecurity, urging jurisdictions to bolster resilience, monitoring, and cross‑sector coordination. GOV.UK
Recent commentary underscores that AI regulation lacks standardised officer roles (unlike privacy), so firms must internally allocate responsibilities and document accountability. JD Supra
Italy has become the first EU country to pass a comprehensive national AI law, criminalising deepfake dissemination, defining AI‑aggravated offences, and regulating text‑and‑data mining. JD Supra+1
Events
The European AI Office notes the serious incident reporting consultation runs until 7 November 2025 as part of AI Act implementation planning. Digital Strategy
Business
The job‑loss projections intensify pressure on tech firms to adopt safer practices or face regulation, perhaps accelerating compliance investments. Axios
The draft UK AI bill may lower barriers for data centre deployment but provoke trade‑off debates around environment, local governance, and community impact. The Times
European firms continuing to criticise regulatory complexity suggest a persistent tension between compliance burdens and growth ambitions. The Times of India
A forecast warns AI regulatory violations will trigger a 30 % rise in legal disputes for tech firms by 2028, especially under divergent global regimes. The Economic Times
Adoption of AI
Deepfake audio advances are rising: recent research found 58 % of AI‑cloned voice samples are mistaken for human, pointing to elevated risk in voice fraud. Al Jazeera
The G7’s cybersecurity statement anchors AI more explicitly in critical infrastructure risk debates, pushing convergence of AI and cyber risk frameworks. GOV.UK
Takeaway
Regulation is catching up fast. With SB 53 enacted in California, draft EU incident reporting guidance out, job displacement warnings mounting, and national AI laws in motion, firms can no longer treat AI as a “soft regulation” domain. They must prep compliance systems, define internal accountability, and navigate emerging export, environment, and liability risks.
Sources: Axios: AI job loss report, Reuters: California signs SB 53, Times: UK planning for AI bill, Taylor Wessing: EU AI Act deep dive, Hunton privacy & info security law: consultation, GOV.UK: G7 cyber expert group statement, JDSupra: Italy AI law