On 18 March 2024 at 15:00 UK, Avi Gesser and Martha Hirst from the Debevoise Data Strategy and Security Group, in conjunction with the AI UK 2024 symposium, presented on the regulatory developments, and associated governance risks, relating to AI use. The presentation included practical guidance that can support businesses’ ability to use AI agilely within a developing regulatory landscape.
The proliferation of AI tools and rapid pace of AI adoption have led to calls for new regulation at all levels. However, there is significant divergence in approaches and progress among different jurisdictions and regulators. In addition, businesses need to be mindful of the existing body of non-AI regulations that may also apply in this area, such as the GDPR. Despite these challenges, constituents agree that the full benefits of AI can only be realised by ensuring that AI is developed and used responsibly, fairly, securely, and transparently. We therefore stand at the threshold of a new period of increased AI regulation and scrutiny.
This non-technical presentation covered:
- The AI concerns that are currently top-of-mind for regulators;
- What the regulatory landscape looks like in the short and long term, including the unique challenges of developing a regulatory compliance strategy across borders, and in the face of potentially divergent regimes; and
- Emerging hallmarks of responsible AI governance and compliance, and practices to consider adopting now.
To receive the on-demand recording of the webcast, please click HERE.
