Limited data and AI framework affects Brazil economy

Significance

However, the country lacks the enabling framework required to ensure it can realise these opportunities while minimising the accompanying risks. Developing an AI and data legal framework that balances privacy, public interest and innovation encouragement is crucial for Brazil’s economic prospects.

Impacts

• Activist groups may press for the bill to address specifically the environmental and labour impacts posed by AI.
• As the topic becomes a greater focus of debate, pressure for more consistent enforcement of the existing data protection law will grow.
• The creation of a highly skilled workforce will take time and may impede innovation and development.