This past September, the Department of Justice announced that it updated its corporate compliance guidelines. They have put emphasis on the importance of incorporating emerging technologies like Artificial Intelligence (AI) into compliance efforts. Companies are now expected to assess the risks AI presents to their business and compliance programs. They are also expected to leverage its potential benefits. Further, prosecutors may not look favorably at companies when there is a disparity between its use of data and technology in the business, compared to its use in the compliance function. https://www.wsj.com/articles/justice-department-pushes-companies-to-consider-ai-risks-116cfcf7?mod=risk-compliance_feat2_new-rules_pos1
Justice Department Pushes AI Risks
