Med-Tech Innovation February 21, 2024
A survey on emerging AI regulations from The Pistoia Alliance showed that just 9% of respondents said they know EU and US AI regulations well, with more than a third (35%) having no understanding at all.
The survey also found more than a third (35%) have no understanding at all. The survey also revealed the top three challenges preventing life science organisations from keeping up with legislation. Complexity and ambiguity of regulations was the most cited (37%), followed by too many different regulations across regions (23%), and insufficient collaboration between industry and regulatory bodies (20%). The survey was conducted as part of the Alliance’s aim to overcome the barriers to AI adoption through collaboration, under its 2024 strategic priorities.
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