AI’s rapid adoption brings significant legal and ethical challenges that demand executive attention. The EU AI Act (effective 2024) and UK’s pro-innovation framework impose strict requirements for high-risk AI systems, including governance, oversight, and data safeguards. Businesses must address transparency, fairness, privacy, and third-party risks while ensuring compliance with GDPR and global standards. Copyright, bias, and explainability remain pressing issues, especially with generative and general-purpose AI. For leaders, success depends on embedding compliance, ethics, and risk management into AI strategies to preserve trust and unlock innovation responsibly.

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