NEW HAVEN — A deputy director of a Yale Law School project is alleging her recent suspension from the school was retaliatory for her support of Palestine and based upon spurious claims fabricated by artificial intelligence. Helyeh Doutaghi, a Muslim-Iranian scholar of international law, said in a statement posted on the social networking apps X and
Canadian Health Data Requires Stronger Safeguards With Lost Canada-U.S. Trust
With today’s implementation of tariffs on both sides of the Canada-U.S. border, the level of mistrust between our countries has grown, whether urgent calls to “Buy Canadian” or boos and catcalls at the playing of the American national anthem. Should we continue down this path, Mr. Trump will surely seek to exploit more of Canada’s
How Accurate Are Corporate AI Disclosures?
Artificial intelligence (AI) is emerging as a general purpose technology (GPT) with the potential to transform industries. As a result, the potential benefits of AI give firms strong reasons to adopt it – but also provides opportunities to exaggerate their investments in it. Unlike previous GPTs such as the steam engine or electricity, which required
Scaling Core Earnings Measurement With Large Language Models
Large language models (LLMs) are capturing headlines and users as AI researchers push the limits of their capabilities. Those of us who work on understanding and analyzing corporations, whether as practitioners or researchers, are presented with two practical questions: What can these models do for us that wasn’t previously possible (their upside), and when, how,
Davis Polk Discusses Stablecoin Bill as Crypto Legislation Gains Momentum
With a new administration and Congress each expressing interest in pursuing a new regulatory framework for crypto, the prospects for federal stablecoin legislation are growing. On February 4, Sen. Bill Hagerty (R-TN) introduced the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 Act – the GENIUS Act – cosponsored by Senate Banking Chair
Why the Trump Trade Threats Will Place Canadian Digital, Cultural, and AI Policy Under Pressure
If the first salvo fired by U.S. President Donald Trump in the form of a threatened 25-per-cent across-the-board tariff on Canadian goods (excluding energy, which would face a 10-per-cent levy) is a preview of future trade disputes, retaliatory tariffs alone will not solve the problem. Canada will need to turn to eliminating interprovincial trade barriers,
The Law Bytes Podcast, Episode 226: Richard Gold on Why Canada Should Target U.S. Patents To Help Counter Tariff Trade Pressure
The trade battle between Canada and the U.S. took a brief break last week as hours before the Trump tariffs were scheduled to take effect, President Trump agreed to a 30 day delay in return for various border measures. That brought a sigh of relief but no real sense that the issue is over. Indeed,
Wachtell Lipton Discusses What Awaits M&A in 2025
After a relative low in global M&A in 2023, the past year witnessed a moderate uptick as the pandemic receded further into the rear-view mirror, the U.S. economy stabilized, inflation declined (albeit with some renewed concern toward the end of the year), financing markets brightened, albeit modestly, and equity markets climbed ever higher. Global M&A
Why Years of Canadian Digital Policy Is Either Dead (Prorogation) or Likely to Die (Trump)
The Canadian political and business communities are unsurprisingly focused on the prospect of U.S. President Donald Trump instituting 25% tariffs on Canadian goods and services. The threat of tariffs, which could spark a retaliatory response by Canada and fuel a damaging trade war, would likely cause serious harm to the Canadian economy. But tariffs aren’t
A New Corporate Governance Paradigm for the AI Revolution
In a new article, I tackle the increasingly urgent question of how corporate governance principles must adapt in response to the transformative influence of artificial intelligence (“AI”). No longer just a tool for enhancing operational efficiency, AI now fundamentally alters how corporations make decisions, relate to stakeholders, and engage with society.[1] Traditional fiduciary corporate