Artificial intelligence (“AI”) and machine learning are poised to become major catalysts to transform the field of law. These technologies represent a turning point across a diverse array of fields and necessitate a proactive and robust regulatory infrastructure capable of handling imminent issues, pitfalls, and other problems. There is no question that the current regulation on AI is insufficient. However, even the current calls for enhanced regulation are inadequate; Substantial preparation must be done for potential impending developments. Congress needs a structured plan in place that is well adapted to deal with the multiple forms and styles of artificial intelligence. This note will discuss the theories behind current law and explain why improved legislation and regulation strategies are needed to incentivize innovation during a time of rapid development and technological advancement.
AI, artificial intelligence, fourth industrial revolution, cybernetic technology, machine learning