Companies face potentially tighter constraints on AI use as regulators lead drive to assess risks
- The regulatory and potentially statutory framework emerging to govern the development and use of artificial intelligence will likely create compliance requirements for organizations and possibly legal exposures as well.
- The EU regulation, to a certain extent, will have an impact as organisations will have to ensure they are compliant if they operate in the EU
- In the United States, individual states are leading the movement to regulation, much as they did with data privacy, experts say.
- The National Conference of State Legislatures says that in the 2023 legislative session, at least 25 states, the District of Columbia and Puerto Rico introduced artificial intelligence bills, and 18 states and Puerto Rico adopted resolutions or enacted legislation.
- Federal regulatory activity, so far, has been in the form of Executive Order 13859
