# Professor Vasant Dhar shares insights on the legal and regulatory challenges firms face with the implementation of AI

1 Faculty News February 19, 2018 ![CIO logo](/sites/default/files/styles/246w/public/assets/images/con_031978.jpg?itok=KQg7U242)>

Excerpt from [CIO](https://www.cio.com.au/article/633587/risky-ai-business-navigating-regulatory-legal-dangers-come/?fp=16&fpid=1) -- "The first question for regulators, [Dhar](http://www.stern.nyu.edu/faculty/bio/vasant-dhar) says, is do state-of-the-art AI systems — regardless of application domain — result in acceptable error costs? For example, transportation regulators might determine that since autonomous vehicles would save 20,000 lives a year, the technology is worthwhile for society. 'But for insurance markets to emerge, we might need to consider regulation that would cap damages for errors,' he says."

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