intelligence

El Salvador provides legal protection for open-source models through pioneering artificial intelligence legislation

ChainCatcher news, according to The Bitcoin Office of El Salvador, in line with President Bukele's economic freedom policy, the Salvadoran government has passed a groundbreaking artificial intelligence bill aimed at providing regulatory clarity and certainty for the AI industry, particularly covering the development and innovation of open-source models.This new legislative framework ensures that both proprietary and open-source AI systems receive appropriate protection, with a particular emphasis on legal safeguards for open-source development. This is the world's first national legislation that explicitly extends legal protection to open-source AI development. While proprietary models will continue to benefit from existing international protection mechanisms, this draft provides a clear legal framework for open-source AI development at the national level for the first time.Article 19 of the new bill creates the most comprehensive legal protections for AI developers in Latin America and globally, including sandbox protections and measures against third-party abuse. The bill clearly states that proprietary models will continue to benefit from existing international protections while explicitly extending legal safeguards to the field of open-source AI development for the first time.According to the bill, the Salvadoran government will establish an AI laboratory to promote the development, research, and application of AI in government agencies and services, improving citizens' quality of life through enhanced traffic flow, water quality monitoring, and optimization of geothermal resources. The laboratory will also provide resources and the latest technologies to educational groups and institutions to develop domestic engineering capabilities. El Salvador has implemented a zero-tax policy for AI innovation and development, and the passage of this bill positions the country as a forward-looking participant in the global AI landscape, placing innovation, excellence, and open-source collaboration principles at the core of its policy.

Bitget leverages artificial intelligence to enhance recruitment efficiency, reducing recruitment time by 38%

ChainCatcher news, Bitget has released a research report on the profound impact of artificial intelligence in the recruitment process. By introducing AI-driven recruitment systems, Bitget has achieved automation of resume screening, precise matching of candidates to positions, and improved decision-making efficiency, significantly optimizing the recruitment process.Before the introduction of the AI system, Bitget relied on manual candidate screening and external recruitment agencies, with an average recruitment cycle lasting up to 48 days, and some technical positions taking even more than 50 days to fill. Due to the heavy reliance on third-party recruitment agencies, nearly 40% of recruitment costs were consumed by these services, while the internal HR team had to handle about 500 resumes each month.After the introduction of the AI recruitment system, Bitget's recruitment cycle was shortened by 38%, reducing from 48 days to 30 days. The efficiency of AI-driven resume screening improved by 76%, allowing the HR team to focus on screening high-potential candidates. The automated process not only reduced recruitment costs by 25% but also increased employee retention rates by 15%. More precise job matching effectively reduced the first-year turnover rate, while AI also helped decrease recruitment bias by 38%.
ChainCatcher Building the Web3 world with innovators