On April 28, 2022, Covington convened experts across our practice groups for the Covington Robotics Forum, which explored recent developments and forecasts relevant to industries affected by robotics. Sam Jungyun Choi, Associate in Covington’s Technology Regulatory Group, and Anna Oberschelp, Associate in Covington’s Data Privacy & Cybersecurity Practice Group, discussed global regulatory trends that affect robotics, highlights of which are captured here. A recording of the forum is available here until May 31, 2022.
Trends on Regulating Artificial Intelligence
According to the Organization for Economic Cooperation and Development Artificial Intelligence Policy Observatory (“OECD”), since 2017, at least 60 countries have adopted some form of AI policy, a torrent of government activity that nearly matches the pace of modern AI adoption. Countries around the world are establishing governmental and intergovernmental strategies and initiatives to guide the development of AI. These AI initiatives include: (1) AI regulation or policy; (2) AI enablers (e.g., research and public awareness); and (3) financial support (e.g., procurement programs for AI R&D). The anticipated introduction of AI regulations raises concerns about looming challenges for international cooperation.