Legal Challenges in Regulating AI Technologies: Financial Forecasting, E-Commerce, and Healthcare

Publication Information

Journal Title: International Journal Of Legal Developments And Allied Issues
Author(s): Joseph Roffe
Published On: 16/08/2024
Volume: 10
Issue: 4
First Page: 12
Last Page: 18
ISSN: 2454-1273
Publisher: The Law Brigade Publisher

DOI: 10.55662/IJLDAI.2024.10402

Cite this Article

Joseph Roffe, Legal Challenges in Regulating AI Technologies: Financial Forecasting, E-Commerce, and Healthcare, Volume 10 Issue 4, International Journal Of Legal Developments And Allied Issues, 12-18, Published on 16/08/2024, 10.55662/IJLDAI.2024.10402 Available at https://ijldai.thelawbrigade.com/article/legal-challenges-in-regulating-ai-technologies-financial-forecasting-e-commerce-and-healthcare/

Abstract

The rapid integration of artificial intelligence (AI) into financial forecasting, e-commerce, and healthcare sectors introduces complex legal challenges. This paper examines the legal implications of AI, focusing on data privacy, liability, transparency, and regulatory gaps. Through an analysis of existing literature and case studies, we identify the unique legal concerns in each sector and propose regulatory frameworks that could help navigate the evolving intersection of AI technologies and legal standards. Our findings emphasize the importance of adaptive legal mechanisms to safeguard consumer rights while fostering innovation.

Keywords: Artificial Intelligence, Legal Frameworks, Financial Forecasting, E-Commerce, Healthcare, Data Privacy, Algorithmic Accountability, Liability

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