Last month the new Labour government in the UK announced in the King’s Speech that it will introduce new artificial intelligence (AI) rules alongside cybersecurity and digital information bills. A brief overview of these developments is set out below.
Artificial Intelligencehttps://clsbluesky.law.columbia.edu/wp-admin/post-new.php
To date, the UK has taken a principles-based, “pro-innovation” approach to AI that relied
AI Considerations in Government Contract-Related M&A Transactions
As general interest and investment in AI has accelerated since the initial public launch of ChatGPT, so too has the U.S. federal government both increased its spending in the area[i] and the speed with which it adopted guidelines on the utilization of AI more generally.[ii] This tracks other actions outside the U.S.,[iii]
NIST Issues AI Risk-Management Guidance
On July 26, the U.S. government’s National Institute of Standards and Technology (NIST) issued four guidance documents – three final versions and one draft open to public comment – related to artificial intelligence development and implementation. Each was issued pursuant to instructions under the Biden administration’s AI Executive Order 14110, which directed several U.S. government
Cornerstone Research: 1H24 Securities Suit Filings Increased Compared to 2H23
The number of securities class action lawsuits filed in the first six months of 2024 increased relative to the number of securities suits filed in the second half of 2023, according to a new report from Cornerstone Research. The number of suits filed in the first half of 2024 is roughly level with the historical
Developers’ Liability for Infringing Generative-AI Outputs
The advent of generative-AI tools has brought challenging questions of accountability to the forefront, especially when those tools generate content that may infringe on someone’s copyright. Determining liability—whether it falls on the user who prompted the tool, or the company that developed the tool—is complex. As technology outpaces current legal frameworks, courts have been cautious
Attorney Pahoua Thao Presents on AI & Data Privacy Policies for Corporate Counsel
Attorney Pahoua Thao Presents on AI & Data Privacy Policies for Association of Corporate Counsel – Wisconsin
On Wednesday, July 31, Attorney Pahoua Thao will give a CLE presentation to an audience of corporate counsel on artificial intelligence and data privacy best practices for businesses. Sponsored entirely by Stafford Rosenbaum LLP, the presentation will take
Artificial Intelligence and Corporate Boards
The rise of artificial intelligence (AI) presents just about every enterprise with both opportunities and risks. AI also represents a challenge for companies and their boards as the companies seek to incorporate AI Into operations, functions, and processes. Because of AI’s potentially disruptive impact in many industries and for individual companies, many boards may find
FTC Updates (July 1-12, 2024)
The FTC has kept a steady march through the summer, announcing developments in existing cases, submitting testimony to Congress, and revising existing regulatory exemptions. Also, the FTC finalized reports on dark patterns, challenged a merger, and issued warning letters on the right to repair. This, and more, after the jump.
Treasury Department Moves to Expand CFIUS’s Real Estate Jurisdiction & Implement China-Bound Tech Investment Restrictions
The U.S. Department of the Treasury (Treasury), as Chair of the Committee on Foreign Investment in the United States (CFIUS), has announced a proposed rule to expand CFIUS’s jurisdiction over real estate transactions by foreign persons. The Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) granted CFIUS authority to review certain real estate transactions
This Summer in Artificial Intelligence: Newly Released USPTO Guidance and Exemplary Worldwide Inventorship Updates
The Unted States Patent and Trademark Office (USPTO) recently published new guidance on subject-matter eligibility as related to Artificial Intelligence (AI), opening a written comment window to respond with a deadline of September 16, 2024. The guidance was brought about by an October 2023 Executive Order on the “Safe, Secure, and Trustworthy Development and