President Donald Trump’s executive order, calling on presidential advisors to develop an AI action plan within 180 days, signals a shift in promoting AI innovation in the US with less government oversight. Adam Aft, who co-leads Baker McKenzie’s global technology transactions group, discussed the potential impact on multinational companies in interviews with Lexology Pro and LegalTech News.
Despite President Trump's executive order revoking previous AI governance measures, the regulatory approach to AI in the US remains largely unchanged, with continued focus on safety, responsible innovation, and international collaboration. The principles and priorities for AI governance, such as protecting privacy and managing risks, remain consistent, even as experts predict the potential easing of AI regulatory oversight at the federal level. Regardless, multinational companies will still have to contend with state-level emergency [emerging] technology laws and international measures like the European Union's AI Act. Companies need to evaluate the implications of this shift against the global regulatory backdrop.
Subscribers can read the full Lexology Pro article here and the full LegalTech News article here.
Baker McKenzie’s AI strategy forms part of the Firm’s broader innovation strategy, which seeks to embed innovation into all aspects of the Firm’s operations and brings together change initiatives and technology from across the Firm to deliver quality, speed, accuracy, flexibility and efficiency gains to clients.
Despite President Trump's executive order revoking previous AI governance measures, the regulatory approach to AI in the US remains largely unchanged, with continued focus on safety, responsible innovation, and international collaboration. The principles and priorities for AI governance, such as protecting privacy and managing risks, remain consistent, even as experts predict the potential easing of AI regulatory oversight at the federal level. Regardless, multinational companies will still have to contend with state-level emergency [emerging] technology laws and international measures like the European Union's AI Act. Companies need to evaluate the implications of this shift against the global regulatory backdrop.
Subscribers can read the full Lexology Pro article here and the full LegalTech News article here.
Baker McKenzie’s AI strategy forms part of the Firm’s broader innovation strategy, which seeks to embed innovation into all aspects of the Firm’s operations and brings together change initiatives and technology from across the Firm to deliver quality, speed, accuracy, flexibility and efficiency gains to clients.
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