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ARTICLE · 15 FEBRUARY 2024

A Proactive Approach To AI Legal Frameworks Is Critical For Success

Mayer Brown
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The use and capabilities of artificial intelligence ("AI") have tremendous promise, but with such significant potential up-side comes myriad risks.

United StatesTechnology

The use and capabilities of artificial intelligence ("AI") have tremendous promise, but with such significant potential up-side comes myriad risks. AI models can "hallucinate" (i.e., invent inaccurate facts) and "drift" (i.e., deviate from the model's original design and intended purpose), which could lead to biases, inaccurate results and potentially harmful outcomes. A key to harnessing the potential value of AI while managing its risks is to develop and implement thoughtful processes and protocols to govern the company's approach to AI.

Governments in 96 countries across six continents have put out draft legislation and regulatory frameworks aimed at making the use of AI safe. While many jurisdictions are still working through final rules and regulations, on December 9, 2023, European Parliament negotiators and the Council presidency agreed on the final version of what is claimed to be the world's first-ever comprehensive legal framework on AI: the European

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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