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FIFA Will Use AI To Protect Footballers From Hate Speech

The new tool will look for recognized hate speech terms on social media platforms and prevent comments that contain them from reaching their intended recipients.

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fifa will use ai to protect professional footballers from hate speech
Qatar Supreme Committee For Delivery & Legacy

The FIFA World Cup 2022 in Qatar is scheduled to take place in five months, and football fans around the world are already looking forward to the spectacle. Unfortunately, not all fans express their excitement or disappointment nicely.

According to FIFA’s recently published report, which examined over 406,987 social posts across Twitter and Instagram targeting players and coaches for the EURO 2020 Final (England versus Italy) and AFCON 2022 Final (Senegal versus Egypt), 55 percent of players in both tournament finals received some form of online abuse.

The two most common types of online abuse were homophobic slurs and racism, with a majority of abusers coming from the player’s home nation.

Determined to protect players from the abuse they receive online, FIFA has partnered with FIFPRO, a worldwide representative organization for professional footballers, to launch AI-powered in-tournament moderation tools.

“Our duty is to protect football, and that starts with the players who bring so much joy and happiness to all of us by their exploits on the field of play,” said FIFA President Gianni Infantino. “We want our actions to speak louder than our words and that is why we are taking concrete measures to tackle the problem directly.”

Also Read: How To Permanently Delete Your Instagram Account

The new tool will look for recognized hate speech terms on social media websites and prevent comments that contain them from reaching their intended recipients and their following, minimizing their reach. FIFA could also report abuse to the relevant social networks and contact law enforcement authorities to further investigate.

“This detection is not only there to protect football and to avoid the damaging effects that these posts can cause, but also to educate current and future generations who engage with our sport on social media as well as on the field of play,” added the FIFA President.

The role of artificial intelligence in the detection of hate speech is growing rapidly. In the first quarter of 2020, Facebook, estimated that AI proactively detected 88.8 percent of the hate speech content the social network removed, an increase of 8.6 percent compared with the quarter before that.

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Binance Receives Virtual Assets License To Operate In Dubai

As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.

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binance receives virtual assets license to operate in dubai

Global crypto exchange Binance has been granted a full operational license in Dubai, in a move that’s expected to accelerate digital asset adoption and strengthen the UAE’s regulatory landscape.

The virtual asset service provider license (VASP) was granted by the Dubai Virtual Assets Regulatory Authority (VARA) and will allow Binance to extend its current range of services to retail investors, the company announced yesterday.

The move by Dubai authorities will be critical to Binance’s strategy of growing its user base globally. The crypto exchange expects to pass the 200 million user mark “quite shortly”, according to Richard Teng, the company’s CEO.

Once that milestone is achieved, Binance will have around twice as many users as rival platform Coinbase. Meanwhile, Crypto.com, another popular exchange with 80 million users, received a Dubai VASP license last week.

“We’re seeing much greater institutional adoption and institutional money coming into this space [along with] much greater regulatory clarity and a lot more jurisdictions approving [digital asset] products that bring in new investor classes,” Binance’s Richard Tang explained, adding: “As of now, we stand at about 5% crypto adoption globally, but that will become much faster moving forward”.

Also Read: Microsoft Invests $1.5 Billion In Abu Dhabi AI Tech Firm G42

Dubai and the UAE are extremely supportive of technologies like digital assets, and have already launched initiatives to boost adoption. The UAE has ambitious plans to become a world leader in the crypto economy of the future, with Dubai in particular being noteworthy for passing a new law to regulate virtual assets to support investors and exchanges.

“Global crypto regulation is currently showing diverging signs. Some developed countries have long suffered from crypto-related frauds and illegal exchanges. On the other hand, emerging nations like the UAE and Singapore have enacted crypto laws at faced pace,” said Vijay Valecha, chief investment officer of Dubai-based Century Financial.

As the UAE gears up to become one of the fastest-growing crypto capitals worldwide, investors and talent are flocking to places like Dubai. During 2023, the Emirates as a whole realized $204 million in capital gains from cryptocurrency investments, according to blockchain data analysts Chainalysis.

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