Artificial intelligence is advancing faster than the speed of regulation, creating uncertainty for business leaders and compliance headaches for lawyers, according to a new report on the AI regulatory landscape from Berkeley Research Group. “More and more, we’re seeing a gap between what outside counsel recommends and what executives are open to when it comes to AI policies and procedures,” said Amy Worley, associate general counsel of Berkeley Research Group.
Four in ten of the 214 executives, high-level in-house lawyers, and outside counsel surveyed by Berkeley Research Group (BRG) said they didn’t feel very confident in their organization’s ability to comply with current AI regulations.