AI, big data, and machine learning have witnessed exponential growth over the past few years. With the evolving technology, businesses realize the importance of adopting AI and big data in their operations. AI, big data, and machine learning create exciting new opportunities for companies and entrepreneurs. But this rapid adoption is also partnered with several complexities and risks, hence, comes the need for regulations.
Regulators and policymakers find it difficult to keep track of the constant developments in technology and AI systems. Regulators on the global governance level are trying to keep themselves updated with the growing number of AI developments to ensure the laws and regulations stay relevant with new challenges and inventions.
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