As a result of geopolitical and economic volatility, and strengthening regulatory frameworks, the landscape for 2024 presents both challenges and opportunities.
The rise of GenAI is driving digital change, and this is bringing investment in advanced technologies and digital infrastructure. Gen AI has also shown the potential of AI to transform businesses, to enable them to adapt, streamline efficiency and uplift productivity. However, the risks associated with these technologies are becoming more apparent. To benefit from these technologies, investors and companies will need to navigate the complex legal and risk landscape marked by increasing digital regulation, enforcement and litigation, and heightened cyber risk.
We outline how we expect these global trends to shape the legal outlook for the technology sector in 2024.
Leveraging AI
As organizations explore the potential for AI beyond the GenAI hype, many recognize the advantages it can bring in augmenting work to make it more efficient and productive. Yet the reality of the significant costs and risks of implementing AI – particularly GenAI – are becoming evident.
The rush of interest and record investment in…
