On September 24, 2024, the Office of Management and Budget (OMB) released Memorandum M-24-18, Advancing the Responsible Acquisition of Artificial Intelligence in Government (Memo). The 36-page Memo builds on OMB’s March 2024 guidance governing federal agencies’ use of AI, Memorandum M-24-10, which we reported on here. The Memo addresses requirements and guidance for agencies acquiring
The Dreaded Unexpected Question
When faced with unexpected questions, it’s easy to stumble into rambling responses. Instead, stay calm, listen carefully, and use a three-point structure to keep your answer clear and confident. This approach helps avoid the pitfalls of thinking out loud, allowing you to respond with poise and precision.
Why Korea Is Gaining Prominence for M&A Activity
This article by Louis Lehot originally appeared on Foleyignite on November 04, 2024: Why Korea Is Gaining Prominence for M&A Activity
Korea, known for its rich culinary heritage, fascinating history, and renowned hospitality, has long rendered Seoul a favored travel destination. Today, it stands not only as a cultural and historical beacon but also as a
Victim Of A Data Breach? There’s Only One Likely Way To Get Real Compensation
Data breach lawsuit attorney Chicago. Find a privacy lawyer in Illinois when your personal information has been leaked or stolen.
September 2024 Developments Under President Biden’s Cybersecurity Executive Order and National Cybersecurity Strategy
This is part of a series of Covington blogs on implementation of Executive Order 14028, “Improving the Nation’s Cybersecurity,” issued by President Biden on May 12, 2021 (the “Cyber EO”). The first blog summarized the Cyber EO’s key provisions and timelines, and the subsequent blogs described the actions taken by various government agencies to implement
Where Innovation Outpaces Regulation
As investors, entrepreneurs, and engineers supercharge the development of artificial intelligence (AI) to the tune of US$184 billion in 2024, this new era will create both winners and losers. But avoiding the bleeding edge of technology is no easy task, especially where innovation outpaces regulation.Welcome to The Fast Follower’s Guide to Recent AI Law, a
September 2024 Developments Under President Biden’s AI Executive Order
This is part of an ongoing series of Covington blogs on the implementation of Executive Order No. 14110 on the “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” (the “AI EO”), issued by President Biden on October 30, 2023. The first blog summarized the AI EO’s key provisions and related Office of Management and
AI And Illinois Legal Help
AI and Illinois lawyers. Can you use AI for legal research or to represent yourself?
The Next Frontier for Artificial Intelligence in 2025
This article by Louis Lehot originally appeared on FOLEY on October 04, 2024: The Next Frontier for Artificial Intelligence in 2025
Everyone is closely watching developments in the artificial intelligence (AI) space in terms of advancements, regulations, and investment. As we go to print on this post, SoftBank’s Vision Fund has just announced its agreement to
Putting the “AI” in Compliance—DOJ Updates its Corporate Compliance Program Guidance to Address Emerging AI Risks and Leveraging Data
On Monday, September 23, 2024, the Department of Justice (DOJ), released an update to its Evaluation of Corporate Compliance Programs (ECCP) guidance. The ECCP guidance was last revised in March 2023, which brought a number of significant changes, including a focus on compensation and incentive structures (e.g., clawbacks), and third party messaging applications. This