"The AI gold rush has put new pressure on governments and other public agencies. As enterprises look to gain a competitive advantage from emerging technologies, governing bodies are eager to implement rules and regulations that protect individuals and their data. The most high-profile AI legislation is the EU's AI Act. However, global law firm Bird & Bird has developed an AI Horizon Tracker that analyzes 22 jurisdictions and presents a broad spectrum of regional approaches."
"Art Hu, global CIO at Lenovo, said there's no single answer to the question of how to balance AI innovation and governance effectively. "Responses in industries, sectors, and governments will vary, sometimes wildly, in terms of what your responsibilities are," he said. Hu told ZDNET that, as a general rule, business leaders should pay attention to upcoming rules and regulations that must be adhered to in an age of AI."
AI regulation is rapidly evolving and creating new compliance demands for organizations seeking competitive advantage from emerging technologies. The EU's AI Act is the most prominent proposed law, while Bird & Bird's AI Horizon Tracker analyzes 22 jurisdictions, revealing diverse regional approaches. Business leaders must integrate upcoming rules into AI programs and can use governance mechanisms to enable innovation rather than stifle it. Tactics include whitelists, sandboxing, and carefully guided explorations to limit tail risk. Internal and external partners can support compliance implementation and help organizations deliver practical AI results.
Read at ZDNET
Unable to calculate read time
Collection
[
|
...
]