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ARTICLE · 14 FEBRUARY 2024

Technology And Innovation - What's Another Year

Since the European Commission tabled its proposal for an EU regulatory framework on artificial intelligence (AI Act) in April 2021, regulation of AI has remained a focus for legislators across the globe.

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Our annual "What's Another Year?" bulletin is a snapshot of the key legal and regulatory developments which we can expect over the course of 2024, across a range of sectors and practice areas.

ARTIFICIAL INTELLIGENCE

Since the European Commission tabled its proposal for an EU regulatory framework on artificial intelligence (AI Act) in April 2021, regulation of AI has remained a focus for legislators across the globe. On 9 December 2023, the European Parliament and the Council reached political agreement on the AI Act. Work will continue at a technical level in the coming weeks to finalise the details of the new regulation. The presidency will submit the compromise text to the member states' representatives for endorsement once ready. The entire text will need to be confirmed by both institutions and undergo legal-linguistic revision before formal adoption.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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