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  "documentTitle": "2023 AI Here and Now Gartner Business Quarterly 3Q23",
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      "text": "The general counsel (GC) can help organizations develop corporate AI strategy by prioritizing them.",
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      "text": "by Laura Cohn with contributions from Dan Essig, Mike Fang, Melissa Ruiz Hernandez, Lauren Kornutick, Anthony Mullen, Sandy Shen and Stuart Strome",
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      "text": "Although lawyers specializing in privacy, cybersecurity and AI told us the rules in the EU and Canada may not take effect until at least 2025, considering what is under discussion now will prevent companies from running into trouble with regulators later. China announced in July that interim regulations will take effect on 15 August, 2023.",
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      "text": "The EU's proposed AI law, first put forward in April 2021 and still under discussion, builds on the GDPR. Like that regulation, lawyers and business leaders expect it to become a roadmap for other countries to follow. Elsewhere, Canada is weighing the Artificial Intelligence and Data Act (AIDA), and China has interim rules for generative AI. Both the U.S. and the U.K., meanwhile, have issued guidance in the form of AI white papers (see Figure 1).",
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      "text": "Two of those proposals contain fines for noncompliance; maximum penalties in the EU's proposed AI law exceed the attention-grabbing fines in the bloc's General Data Protection Regulation (GDPR). Even if authorities don't impose the highest possible fines, companies need defensible AI oversight and risk management that enable innovation and experimentation.",
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      "text": "The general counsel (GC) can prepare senior leaders and the board even as the rules come into focus. A close reading of proposed and new regulations and guidance — in the EU, Canada, China, the U.S. and the U.K. — reveals shared underlying principles. The GC can help organizations develop corporate AI strategy by prioritizing them.",
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      "text": "Even before large language models (LLMs) took the world by storm, the number of enterprises deploying AI was on the rise. But the public launch of ChatGPT and other LLM applications catalyzed both AI investment and global regulatory efforts.",
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      "text": "Table of Contents | Gartner Business Quarterly 3Q23 | 31",
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      "text": "Prepare for AI Regulation by Addressing 4 Critical Areas",
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