Ensure Legality of Agents @ https://xitter.cf/t.co/jtre7FLbdc US/India

San Francisco, US
Joined November 2008
Venkata Pingali retweeted
wrote about AI AS THE INFINITE WORK MACHINE, creating a world where we're all just constantly deploying agents to fight against everyone else's agents, running constantly to end up in the same place: bloomberg.com/news/newslette…
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Venkata Pingali retweeted
A legal tsunami is heading for government. They system is not built to handle the volume of input that agents are now able to produce. Without new infrastructure, our institutions will be under permanent DDOS attack. Who wants to build this?
A consequential choice will be made soon by government and companies as they are increasingly flooded with agentic AI inquiries that overcome the frictions that gated access (see the graphs - it has already started!) Two options: do you make services worse or better as a result?
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Venkata Pingali retweeted
“Kupor described law enforcement coordination as one part of the task force’s broader safety agenda.” “It will work to audit pledges made through the recent AI accords; conduct a full risk assessment of the technology; and ensure the government has the resources to respond if something goes wrong with a model.”
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Venkata Pingali retweeted
Law enforcers already have authority to charge companies and their CEOs for creating and releasing dangerous, unvetted, or defective products. We shouldn’t let discussions about new legal regimes distract from the fact that there’s no AI exemption from laws already on the books — a point @FTC emphasized repeatedly during my tenure. 1. There is an extensive set of laws that govern dangerous and defective products. For example, releasing unvetted AI models or agents can violate consumer protection laws. Shipping flawed AI tools without implementing adequate measures to detect and stop rogue or defective AI agents can be an “unfair or deceptive” act or practice under the FTC Act (and analogous state laws). And some state AGs are already exploring holding AI firms and their CEOs criminally liable when their models participate in criminal activity. 2. Existing laws also prohibit “unfair methods of competition.” This covers instances where AI firms appropriate the competitively sensitive information of their customers, including through tracking their use of various tools. It can also cover instances where firms pursue dangerous behavior, aware that doing so may compel rivals to do the same. As the Supreme Court has noted: “A method of competition which casts upon one's competitors the burden of the loss of business unless they will descend to a practice which they are under a powerful moral compulsion not to adopt, even though it is not criminal, was thought to involve the kind of unfairness at which the [unfair methods of competition] statute was aimed." 3. The highly concentrated and interconnected structure of these markets could be creating major risks and conflicts of interest. We had started investigating these partnerships and cross-investments across the stack (and released a preliminarily overview of some findings: ftc.gov/news-events/news/pre…). Both federal and state enforcers should be scrutinizing these opaque relationships and inter-dependencies. We are already seeing how these relationships could undermine accountability. For example, OpenAI could face liability given the Hugging Face incident, but Hugging Face being bought up by Nvidia means that we’re unlikely to see it file a lawsuit over this — given Nvidia’s strong incentive to see OpenAI continue full speed ahead. 4. As AI tools dramatically change the landscape of cybersecurity risks and hacks, all businesses should be doubling down on having core security protections in place. Firms that fail to invest in adequate data security measures or fix known vulnerabilities can also be breaking the law. A recent analysis showed that around 1/3 of Fortune 100 companies do not even have a way to notify them about security issues. During my @FTC tenure, we sued firms for poor data security practices and held CEOs liable when they were personally responsible. this.weekinsecurity.com/doze… ftc.gov/news-events/news/pre… 5. As policymakers consider new legal regimes, we should be looking to lessons from prior efforts to govern major sectors, such as banking and other networks, platforms, and utilities. Tools like structural separations, nondiscrimination, and supervision could be key, and there’s a rich history of what works and what doesn’t. But we can and must pursue any new efforts alongside enforcing existing laws.
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Venkata Pingali retweeted
Glad to be announcing our partnership with @CarbonArcAI . Looking forward to serving global regulatory intelligence needs of customers in trading, supply chain, cross-border legal, and other domains!
Today, we're excited to welcome Carver Agents to the Carbon Arc ecosystem, bringing structure to something most organizations still track one press release at a time: regulatory risk, everywhere it's building. Carver Agents tracks regulatory notifications from 1,000+ regulators across 50+ countries, spanning finance, AI, data, energy, healthcare and more. It pulls official government bodies, press releases and enforcement actions, then turns each one into structured fields: source and jurisdiction, key dates, named entities, the functions and industries impacted, the actions they trigger, and more. For teams whose risk crosses borders, that structure becomes real signal:   • Trade surveillance teams can spot jurisdictions where enforcement is accelerating before it shows up in a filing   • Supply chain teams can see where data, energy or environmental rules are tightening before they disrupt a build   • M&A teams can screen cross-border targets for regulatory exposure they'd otherwise catch too late   • PE and project teams can track how regulatory pressure is shifting in a sector before it changes the math on a deal If you're managing cross-border risk, in trade, supply chains, M&A or project finance, this is a new lens worth having. Reach out to learn more: carbonarc.ai/contact-us
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Venkata Pingali retweeted
Human in the loop is not the answer. When systems act at machine speed, we cannot meaningfully review every step of an agent that drafts, summarizes, or prepares filings in seconds. Oversight collapses into a signature. The real question is not whether a human can override the machine. It is whether the workflow was ever built to let them effectively. We argue that human oversight for autonomous legal AI has to be built into the system design: through bounded authority, meaningful friction, and traceability. Control cannot be bolted on after the agent is already running. #LegalAI #AgenticAI #AIGovernance #HumanOversight #ResponsibleAI #LegalTech #AICompliance linkedin.com/feed/update/urn…
🤖 Made with AI
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Venkata Pingali retweeted
#Fun #TGIF Agent-C rescues the world this week from growing AI risks and lawsuits.
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Venkata Pingali retweeted
The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees. The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance. Access to all other Claude models is not affected. We apologize for this disruption to our customers. We believe this is a misunderstanding and are working to restore access as soon as possible. Read our full statement: anthropic.com/news/fable-myt…
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Venkata Pingali retweeted
#TGIF #Episode-2 Agent C is back to saving the world created by unreliable agents.
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Venkata Pingali retweeted
AI Agent To Track Mastercard Rule Changes & Auto-update Policies - A Carver RegWatch Demo What happens when a card scheme updates its rules — and your internal compliance policies don't keep up? This demo shows a Carver RegWatch AI agent that monitors how Mastercard's Security Rules and Procedures (SPME) evolved across five releases between 2022 and 2025, then proposes the corresponding updates to a payment processor's internal compliance policies. The agent works in three stages: - Detects every section that changed between consecutive SPME releases - Classifies each change by materiality: breaking, substantive, clarifying, or cosmetic - Proposes targeted edits to the affected internal policy files In this walkthrough you'll see: ✅ A timeline view of all five SPME release transitions with severity breakdowns ✅ Per-change cards grouped by materiality, searchable by section, policy, or severity ✅ Side-by-side redlines — original Mastercard text on the left, proposed policy edits on the right ✅ Source PDF links that open at the exact cited page — no hunting through 200-page documents ✅ Track-changes rendering for compliance review workflows ✅ Low-confidence flags where the agent surfaces its own uncertainty for human review Across five releases: 214 proposed revisions, 15 breaking changes, 8 policy areas affected. This is what a compliance AI agent looks like when it's transparent about what it knows, what it proposes, and what it might have gotten wrong. --- Learn more: carveragents.ai Explore RegWatch: lnkd.in/daedFHRR Video link in comments --- *Source documents are public Mastercard publications archived via the Internet Archive. Policy baselines shown are synthetic and do not reflect any real production text.*What happens when a card scheme updates its rules — and your internal compliance policies don't keep up?
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Venkata Pingali retweeted
This week, three regulators acted in the same direction simultaneously. -OFAC designated 12 individuals tied to IRGC oil operations. -FinCEN issued Alert FIN-2026-Alert002 — mandatory reference in any IRGC-related SAR. -The FCA, Bank of England, and Treasury issued a joint statement on frontier AI cyber risk. Each one is an independent action item. Together, they describe a week where sanctions, financial crime, and AI governance converged on the same senior leadership team. Three different functions. Three different deadlines. One week. >The OFAC designations require immediate screening, not at your next scheduled cycle. >The FinCEN alert requires SAR template updates and training, now, not at quarter-end. >The FCA-BOE-Treasury statement requires a board-level conversation, not a forwarded PDF. This is what regulatory convergence looks like in practice. And why function-by-function monitoring isn't enough anymore. Which of these three landed on your desk this week. And did it have a clear owner? #RegulatoryConvergence #Compliance #Sanctions #OFAC #AML #AIGovernance #FinancialServices #RegTech #RiskManagement #CarverRegWatch #CarverAgents
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Venkata Pingali retweeted
Thought-provoking line of analysis framing AI value capture as determined by scarcity of frontier intelligence vs scarcity of context
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Venkata Pingali retweeted
When defence spending, sanctions enforcement, and AI governance move in the same week, it's not a coincidence. It's a posture. Carver reads it. So you don't miss it - carveragents.ai → The EU Foreign Affairs Council greenlit €90 billion for Ukraine with drone procurement at the centre — and separately floated expanding naval operations in the Red Sea and Strait of Hormuz. European defence posture is no longer reactive. It's being institutionalised. → OFAC designated 12 individuals and entities tied to IRGC oil operations under Executive Order 13224. Assets blocked, US person transactions prohibited. Run these names now — not after your next scheduled screening cycle. → FinCEN issued Alert FIN-2026-Alert002 with explicit red flags for IRGC-linked illicit finance — and specifically mandated review of digital asset transactions and blockchain ledgers. This is the first time blockchain monitoring has been this explicitly required in an IRGC-related alert. → Additional IRGC names were added to the SDN List under Executive Order 13886 — carrying secondary sanctions risk. Non-US businesses in the Middle East, Europe, and Asia are in scope. The extraterritorial reach here is not ambiguous. → The FCA, Bank of England, and Treasury issued a rare joint statement: frontier AI has fundamentally changed the cyber threat landscape. Boards must understand it, resource against it, and govern it. Delegation is no longer a defence. #Sanctions #AIGovernance #RegTech #GeopoliticalRisk #CarverAgents
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Venkata Pingali retweeted
Most regulatory calendars tell you what's coming. The Watchlist tells you what moves and what won't Not every regulatory deadline is equal. Some are fixed by statute. Some are political signals with no real timeline. Some are 18-month development cycles dressed up as near-term news. Knowing the difference is the job. 8 items. 5 jurisdictions. 3 tiers of confidence. Week of May 10-15th May 26. Thread below ↓
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Venkata Pingali retweeted
50 questions. 13 roles. One week of regulation. This week's RegWatch covers 33 regulatory bodies across 13 jurisdictions — From the Fed's AI carve-out to Malaysia's AML enforcement to the Eurosystem's DLT settlement deadline. Swipe through to find your role. How many can your team answer? If your team can answer all of them, Your compliance function is ahead of most. If they cant answer half, thats not a gap in awareness. Thats the gap Carver RegWatch is built to close. linkedin.com/feed/update/urn…
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Venkata Pingali retweeted
Here’s what is between the rules this week: Regulators are building new rooms, not rearranging furniture in the old ones. The Fed isn’t updating its AI guidance within MRM — it’s building a separate track. The EU isn’t reviewing the OpenAI–SoftBank deal under existing product regulation — it’s pulling it into merger control. SEBI isn’t tweaking its sandbox — it’s creating a cross-regulator coordination layer that didn’t exist before. Indonesia isn’t expanding deposit insurance — it’s extending the safety net to an entirely new asset class. This is the difference between regulatory evolution and regulatory construction. Evolution adjusts. Construction builds. And when regulators are building, the firms that show up with a blueprint — instead of waiting for the building inspector — are the ones that move first. Read this weeks between the rules on Substack open.substack.com/pub/carver…
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Venkata Pingali retweeted
Before you log off for the weekend — dates your team needs to know. 📅 May 26, 2026 — SBA Economic Injury Disaster Loan application deadline (Washington/Oregon drought) + 60-day grace period 📅 June 6, 2026 — Singapore PayNow nickname feature for retail customers ceases. No action required from customers — changes managed by scheme operator. 📅 June 30, 2026 — UAE financial market regulator public satisfaction survey closes 📅 July 1, 2026 — Virginia rejoins RGGI. Power plants must comply with CO₂ allowance requirements from this date. 📅 September 9, 2026 — First RGGI auction Virginia participates in 📅 October 31, 2026 — CFTC amended daily reporting deadline for Nodal Clear (extended from June 1) 📅 September 17, 2027 — Same Day ACH $10M limit takes effect 📅 April 1, 2027 — All ten RBI new directions take effect. ECL provisioning, investment classification, capital adequacy, credit risk standardised approach, stressed asset resolution. Save this. Forward it. Pin it. Source: This week's Carver RegWatch podcasts → carveragents.ai/podcasts #RegTech #Compliance #RegulatoryIntelligence #CarverRegWatch
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