Linklaters – Tech Legal Outlook, 2024

The geopolitical risks, economic uncertainty, and tightening regulations present challenges for the outlook of 2024. However, the presence of generative AI is driving digital change and leading to investment in advanced technologies and digital infrastructure. Both government and corporations recognize the importance of investing in technologies to adapt and grow, improve efficiency and productivity, and meet net zero commitments. Nevertheless, the risks associated with these technologies are becoming more evident. Despite a more cautious approach due to rising global tensions, increased financing costs, high inflation, and regulatory scrutiny, certain tech verticals are expected to continue attracting significant investment in 2024. To benefit from technological advancements, investors and companies will need to navigate the complex legal and risk landscape. This is especially crucial as there is increasing digital regulation and enforcement, as well as heightened cyber and litigation risks. The authors of this report aim to explore the key global trends in the technology sector that will shape the legal outlook for businesses in 2024 and beyond.