Rethinking technology regulation in the age of AI risk

W. Currie (), J. M. Leimeister, D. Schlagwein and L. Willcocks
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W. Currie: Audencia Business School

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Abstract: This paper argues that artificial intelligence exposes the shortcomings of traditional regulatory paradigms, challenging Easterbrook's ‘Law of the Horse' view that general legal principles suffice. AI's opacity, autonomy, and systemic risks demand riskinformed, technology-specific governance.We identify the pacing problem, where innovation outstrips regulatory capacity, and propose a tripartite framework distinguishing functional, structural, and relational risks. Comparative analysis of EU, US, UK, andChinese approaches highlights divergent logics of precaution,market oversight, hybrid flexibility, and state control. Effective governance requires embedding risk into policy design through adaptive, proportionate, and harmonised mechanisms, balancing innovation with accountability. The paper underscores the urgency of global coordination and calls for interdisciplinary IS research to inform anticipatory, participatory, and ethically grounded regulation.

Keywords: Artificial Intelligence; Regulation; Governance; Innovation; Risk (search for similar items in EconPapers)
Date: 2025-09
Note: View the original document on HAL open archive server: https://hal.science/hal-05369334v1
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Published in Journal of Information Technology, 2025, 40 (3), pp.236-245. ⟨10.1177/02683962251378815⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05369334

DOI: 10.1177/02683962251378815

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