Source: Dentons

The article discusses how regulatory uncertainty is delaying AI investments, particularly in industries that are heavily relying on AI for future growth. According to a survey by Dentons, 69% of businesses are hesitant to make significant AI investments due to concerns about impending regulations and inconsistent global standards. This regulatory ambiguity is creating an "ambiguity trap," where companies recognize the potential of AI but are delaying implementation until a clearer framework is established.

The report emphasizes the need for companies to adopt robust governance frameworks to mitigate risks and ensure compliance, even in the absence of fully developed regulations. Dentons' "Laws of AI Traction" report provides a strategic roadmap for organizations to navigate these challenges and take advantage of AI's potential while managing the risks associated with regulatory uncertainty.