In this week’s edition of Consumer Protection Dispatch, we look at the latest regulatory developments from the U.S. Department of Commerce, Consumer Financial Protection Bureau, and the Securities and Exchange Commission regarding data and AI.
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AI
Legal insight and commentary discussing ongoing developments in the law around artificial intelligence.
From AI to integrations: 3 new DealCloud product innovations to boost performance and results
Intapp DealCloud recently released a suite of new product innovations built to improve efficiency at your firm through automated workflows, zero-entry capabilities, and enhanced collaboration. Learn how they can help your professionals save time, improve accuracy, and strengthen networking and…
Legal AI Under the Microscope: Stanford HAI’s In-Depth Analysis of Lexis and Westlaw AI Tools
Reflections on the Stanford HAI Report on Legal AI Research Tools
The updated paper from the Stanford HAI team presents rigorous and insightful research into the performance of generative AI tools for legal research. The complexity of legal research is…
ESMA issues initial guidance for firms using AI in investment services
On 30 May 2024, the European Securities and Markets Authority (ESMA) issued a statement providing initial guidance for firms that use artificial intelligence (AI) technologies when providing investment services to retail clients.
ESMA states that, when using AI, it expects…
Singapore Publishes Generative AI Model Governance Framework
On May 30, 2024, Singapore’s AI Verify Foundation and Infocomm Media Development Authority published its Model AI Governance Framework for Generative AI (GenAI Framework).
Was the GenAI Framework Consulted Upon?
Yes, a draft of the GenAI Framework was open for…
Debunking AI Myths with AI Visionary Aurélie Jacquet
The buzz around AI can make it difficult to discern the reality from the hype. Fortunately, some bright minds in the legal world who are way ahead of this challenge—including AI Visionary Aurélie Jacquet.
Gen AI in Legal Practice: It’s Not About Us Lawyers, It’s About Our Clients
Lawyers need to advise clients of risks of Gen AI.
Another week, and I find myself at yet another legal conference focusing on AI and Gen AI. Lots of the now standard discussions about whether and how Gen AI will…
NIST Offers AI Governance Guideline to Help Avoid Bias Liability
The issue of bias in artificial intelligence is assuming increased urgency in courtrooms around the country. Organizations that use AI to scan resumes can be sued for employment discrimination. Companies using facial recognition on their property might face premises liability.…
Leveraging ChatGPT and Generative AI for Intelligent eDiscovery Automation: eDiscovery Webinars
That’s a compelling title! Check out this webinar from Lexbe tomorrow to learn about leveraging ChatGPT and generative AI!
The post Leveraging ChatGPT and Generative AI for Intelligent eDiscovery Automation: eDiscovery Webinars appeared first on eDiscovery Today by Doug Austin
Appellate Judge Proposes Possible Use of GenAI for Contract Interpretation – Recognizes That AI Hallucinates but Flesh-And-Blood Lawyers Do Too!
By now, most lawyers have heard of judges sanctioning lawyers for misuse of generative AI, typically for not fact checking the outputs. Other judges have issued local rules governing use of or prohibiting AI. These actions have become prevalent. What…