The accelerated advancement of artificial intelligence (AI) is eliciting significant policy, legal, and regulatory questions on a global scale. Innovators and users of these technologies are concurrently navigating and shaping changing law and policy landscapes, not just in the US, but broadly across other nations as well.
A team of attorneys hailing from Hogan Lovells, namely Mark Brennan, Katy Milner, and Ryan Thompson, inform us that AI is set to become the most heated legislative and regulatory topic of 2024. They anticipate the AI policymaking toolbox to expand and evolve accordingly as stakeholders continue to develop, deploy, use, and familiarize themselves further with these technologies.
Despite the multiplicity of the topic, it presents itself as an opportunity for corporations and law firms alike. Plotting a course forward in this dynamic environment requires a keen understanding of the potential legal consequences of AI technology deployment and use, including data privacy and protection, intellectual property rights, and cybersecurity risks among others.
Our professional audience is well-advised to read up on the discussions put forth by Brennan, Milner, and Thompson as these emerging issues could potentially have ramifications on all aspects of business, from strategic planning to daily operations.