Source: JD Supra

JD Supra highlights three major legal trends in the AI space that are expected to shape policy and compliance strategies in 2024. First, the article emphasizes the increasing demand for transparency and explainability in AI systems, driven by both consumer concerns and regulatory scrutiny. Companies are expected to implement governance frameworks that allow for clear auditing and accountability of AI decisions.

Second, the trend toward legislation addressing liability for AI-related harms is gaining momentum. Legislators are beginning to focus on who bears responsibility when autonomous systems malfunction or cause damage. This area is still evolving, with diverging proposals across jurisdictions.

Third, the article notes the emergence of cross-border regulatory models and the global nature of AI risks. International cooperation is beginning to materialize, particularly in areas such as data usage, ethics, and export controls. Legal professionals are urged to stay ahead of these developments to minimize risk and ensure compliance in a fast-moving landscape.