Legal Tech's Predictions for the Regulation of AI and Technology in 2024
Legaltech News
Legaltech News
Alex van der Wolk's and Marijn Storm's 2024 predictions for emerging technologies were featured in Legaltech News.
Alex stated, “The EU’s draft Cyber Resilience Act (CRA) is expected to gain further traction over 2024. The CRA is intended to bolster the cybersecurity posture of connected products and services placed on the EU market, which includes both B2B and B2C as well as components. Once finalized, the CRA will provide for a transition period, but companies will still want to take note of how the new cyber framework is shaping up to account for applicability as well as requirements.”
Marijn stated, “In 2024, the EU AI Act will be finalized but will be in its transition period and not enforced yet. In this period, companies will face anticipatory compliance questions. EU data protection authorities will likely begin urging companies to already meet the EU AI Act’s material requirements, based on the GDPRs requirement of fair, lawful, and transparent use of personal data in AI processes. Companies adapting early to these rigorous standards can navigate the evolving regulatory landscape more proficiently and efficiently, embedding robust data ethics into their day-to-day operations.”
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