Companies Should Prepare for Regulations & Enforcement After AI Executive Order, Says Schildkraut
Peter Schildkraut, co-leader of the Technology, Media & Telecommunications industry team, was quoted in the Bloomberg Law article, “AI Rules From US Government Push Companies to Show Tech Is Safe.” The article discusses companies’ approaches to the Biden Administration’s recent executive order on the “Safe, Secure and Trustworthy Development and Use of Artificial Intelligence,” which aims to alleviate AI-related risks.
Schildkraut told Bloomberg Law that although the order will take months to carry out, companies should begin managing AI risks to be prepared for future and current regulations. He emphasized that the order would lead to agency enforcement and rulemaking actions that could potentially constrain companies’ operations.
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