AI & Digitalization

Steering the legal and tech revolution

The world is undergoing a technological transformation with AI at its core, reshaping how organizations operate, compete, and deliver value. Its scale and pace are unprecedented as the technology expands from targeted initiatives to enterprisewide transformation.

AI is reshaping industries, creating new ones, and radically altering how many things get done. For instance, in financial services, it is enhancing fraud detection, credit decision-making, and compliance monitoring. In energy and infrastructure, it is driving demand for data centers and reshaping how power, data, and risk are managed across projects. And the technology sector leads in developing and scaling AI technology itself, as well as building myriad ways to embed it in products, platforms, and services, accelerating the development and commercialization of solutions, sprouting AI native startups and driving record levels of capex investment and M&A activity.

The regulatory landscape is evolving in response to these developments. Legal frameworks are being reshaped across jurisdictions as the impacts of technology become evident and expectations rise around governance, transparency, fairness, and accountability. Governments around the world are grappling with how to regulate AI, with some seeking frameworks that support innovation while ensuring appropriate safeguards against harm.

As organizations develop and deploy AI, they must align their risk and governance frameworks with the emerging expectations and regulations. They must also recognize that these are no longer discrete technology issues. These challenges are multifaceted, spanning data, privacy, emerging AI laws, commercial contracts, IP, consumer protection, online safety, employment, competition, and antitrust issues, which create new and significant levels of enterprisewide legal and operational risk and complexity.