Global AI regulation and its impact on technology business: A comparative legal framework analysis

Jelena Vujicic *

Independent Researcher, Chicago, Illinois, USA.
 
Research Article
World Journal of Advanced Research and Reviews, 2024, 24(03), 3457–3463
Article DOI: 10.30574/wjarr.2024.24.3.3911

 

Publication history: 
Received on 12 November 2024; revised on 18 December 2024; accepted on 21 December 2024
 
Abstract: 
Artificial Intelligence (AI) technologies are reshaping the global economic landscape and redefining the operational frameworks of modern enterprises. As governments attempt to regulate the societal and ethical consequences of AI, technology businesses are confronted with increasing complexity in navigating disparate regulatory regimes. This paper investigates the intersection of AI regulatory frameworks and the strategic behavior of technology firms, emphasizing comparative legal structures in the European Union, United States, China, and selected smaller jurisdictions including Canada, Singapore, and Brazil. Using doctrinal legal analysis and a case study approach, we examine the influence of AI regulation on market access, innovation trajectories, legal compliance mechanisms, and firm-level competitiveness. Our findings indicate that regulatory heterogeneity introduces both systemic risk and sectoral opportunity. We argue that strategic compliance and early regulatory alignment are essential for firms aiming to sustain global scalability while minimizing legal exposure. The paper concludes by advocating for cross-border policy convergence through the establishment of interoperable legal standards and proposes a multi-tiered compliance framework adaptable to firms of varying sizes and sectors.
 
Keywords: 
Artificial Intelligence; AI Regulation; Compliance; Data Governance; Algorithmic Accountability; EU AI Act; US Policy; China Algorithm Law; Canada Privacy Law; Singapore AI Governance; Brazil LGPD; Technology Law; Regulatory Divergence; Innovation Policy; Global Governance
 

 

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