OVERVIEW OF GLOBAL AI REGULATORY DEVELOPMENTS AND SOME TIPS TO REDUCE RISK

On 10 May, a post from the Compliance & Enforcement blog from the Program on Corporate Compliance and Enforcement at the New York University School of Law, said that while the EU is poised to become the first jurisdiction to regulate AI, other countries are not far behind.  In recent months, the US, Canada, Brazil, and China have all introduced measures that illustrate their respective goals and approaches to regulating AI, with the AI regimes in Canada and Brazil appearing to be modelled substantially on the EU AI Act.  The post provides an overview of these legislative developments, highlighting key similarities, differences and trends between each country’s approach as well as providing a few considerations for companies deploying significant AI systems.

https://wp.nyu.edu/compliance_enforcement/2023/05/10/overview-of-global-ai-regulatory-developments-and-some-tips-to-reduce-risk/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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