AI Business

Digital technologies, particularly artificial intelligence (AI), pose challenges to governments’ traditional rulemaking. For the most part, existing rules and norms were not designed to handle these technologies and their new business models, which blur the lines across the traditional value chain and economic operators.
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Meanwhile, the tendency for digital technologies to develop faster than the regulation governing them makes them a legislative headache. Digitalization also makes it harder to attribute responsibility for damage or harm caused by the use of technology to end users, especially as AI-embedded services become increasingly autonomous and self-learning.

Moreover, the global reach of AI is an issue of most concern as it pays no regard to national or jurisdictional boundaries.

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