Updated: March 18, 2024 (November 20, 2023)
Analyst ReportThe State of AI Regulation
- Governments, including the U.S. and the E.U., are taking steps to regulate the development and use of AI technologies.
- While the U.S. is moving slowly, the E.U. is already putting price tags on various practices in the use of AI.
- Such regulation may impact how organizations adopt and use AI-based technologies as compliance failures—in particular for E.U. companies and multinationals doing business in the E.U.—and may result in substantial monetary and reputational penalties.
The State of AI Regulation
The possibility of inadequate training of AI models, risky deployments of AI that might cause harm to humans, and lack of ongoing oversight of AI operations have led to numerous governmental bodies developing laws, regulations, and guidance covering the development and use of AI.
Organizations considering AI deployments should ensure their legal and compliance teams stay abreast of the latest regulatory initiatives. This report provides a survey of the recent governmental activity regarding AI regulation.
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