As businesses increasingly seek to leverage the huge potential of AI including for improved customer engagement and operational efficiencies, lawmakers and regulators across the globe are considering how to address the novel legal and ethical challenges it raises. The past five years have seen developments in guidance and soft law, and more recently proposals for AI-specific legislation and regulation, developments which our Tech Sector and Fintech lawyers are tracking closely - including through engagement with regulators.
In our latest article, featured in our Tech Legal Outlook 2022 - Mid-Year Update we look at the different approaches which are emerging as key economies seek to balance fostering innovation against protecting consumers and markets from the potentially negative outcomes of machine-made decisions.