By any measure, 2023 was a breakout year for generative artificial intelligence, with businesses of every kind racing to adopt AI tools.
As a result, regulators are keeping pace, and firms’ use of AI – including the way public companies disclose the way they use AI use to the public – is likely to become an enforcement priority in 2024 and beyond. Companies and their compliance programs must take steps now to avoid costly regulatory sanctions and shareholder lawsuits.
