AI IN 2024: MONITORING NEW REGULATION AND STAYING IN COMPLIANCE WITH EXISTING LAWS

Five key issues to track in 2024, including…

• Al regulation, including the EU's AI Act, is taking shape and may begin to affect nearly all industries. 

• Expect more litigation over alleged copyright infringement in the training and use of AI systems.

• AI technology will increasingly generate cybersecurity challenges and privacy risks that companies utilizing AI systems must manage. 

• The use of AI in employment decisions will be circumscribed by employment-related laws.

• As companies integrate AI into products and processes, robust internal governance policies will be needed to manage risks related to the use of proprietary and confidential information, as well as of customer and employee personal information for AI input, for example. 

1. Upcoming AI Legislation:

• AI Executive Order 

• CPPA's proposed regulations on automated decision-making 

• Copyright Office and Patent and Trademark Office 

• SEC's proposed AI rules 

2. Current and Future Litigation: 

• Copyright Infringement 

3. Cybersecurity and Privacy Risks:

• Cybersecurity 

• Privacy 

• Applicability of comprehensive privacy laws 

• Lawsuits under biometric privacy laws 

• FTC's asserted authority over AI 

4. Labor and Employment Issues: 

• Hiring and Promotion 

• Termination 

5. AI Governance Practices:

• Terms of use

• Employee policies

• Vendor agreements

• Updating processes to reflect AI risks 

This document is designed for general information only. The information presented in this document should not be construed to be formal legal or tax advice nor the formation of a lawyer/client relationship. 

For more information on this and other topics, please contact Kevin via any of the channels listed below:

📧 kevin@kmckernan.com  | 📞 718-317-5007