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Latest from AI Law - Page 19

On May 17, Colorado enacted SB 24-205 (the “Act”) concerning consumer protections in interactions with artificial intelligence (AI) systems. The Act requires developers of “high-risk” AI systems—defined as AI systems that make “consequential” decisions relating to education, employment, financial or lending services, housing, or insurance, etc.—to take reasonable care to protect consumers from “any known or reasonably…

Lawyers in the UK are wary of the government stepping in to regulate the profession’s use of artificial intelligence – but not as wary as their transatlantic colleagues, international research has revealed. According to a study by legal information giant Thomson Reuters, 48% of lawyers in UK firms and 50% of in-house lawyers believe that…

New law set to go into effect in 2026, takes similar approach as EU AI Act Colorado was the first state across the comprehensive AI law finish line, as its governor in May signed into law the Colorado AI Act. Baker Donelson’s Vivien F. Peaden explores details of the new law and what companies need…

Bloomberg K&L Gates, Orrick, Dechert add artificial intelligence programs Training comes as AI predicted to automate some lawyer tasks Some Big Law firms are now making summer associates learn the ins and outs of generative AI as they begin integrating what’s considered to be a game-changing technology for the profession. K&L Gates, Dechert, and Orrick…

Joel Roberson, Marissa Serafino, Paul Stimers, Todd Wooten   Highlights The Bipartisan Senate Artificial Intelligence (AI) Working Group on May 15, 2024, released “Driving U.S. Innovation in Artificial Intelligence: A Roadmap for Artificial Intelligence Policy in the United States Senate” (Roadmap). The Roadmap comes at the end of months of high-profile forums, classified briefings and other information-gathering efforts…

Scott Bower, Stephen Burns, Ahmed Elmallah, J. Sébastien Gittens Canadian courts and law societies, alike, are faced with an ever-evolving challenge: straddling the line between recognizing the potential benefits of emergent generative artificial intelligence (GenAI), while balancing the associated risks of using this technology. Principle to these associated risks is the ability of GenAI to “hallucinate” (i.e., generate…

Yulia Makarova On 1 February 2024, the UK government’s Department for Science, Innovation and Technology and His Majesty’s Treasury addressed a joint letter to the Bank of England (BoE) and the Prudential Regulation Authority (PRA) requesting an update on their strategic approach to the adoption and implementation of artificial intelligence (AI) and machine learning (ML)…