Vanguard Legal, PLLC (@vanguardlegal.io)

If you’re interested in how the latest developments in #technology and #law can affect your business, check out the latest issue of Circuits, the e-journal of the Computer & Technology Section - State Bar of Texas, which delves into the regulatory landscape of #AI, #trade, #socialmedia, and #cyber and which our partner, Aaron Woo is the co-editor of. https://lnkd.in/gqtfCMfT

Kicking off our retreat in San Francisco with the State Bar of #Texas #Computer and #Technology law section where we will be exploring the new regulatory developments in #AI, #cyber, #privacy with #California’s Attorney General. Computer & Technology Section - State Bar of Texas

In its efforts to protect consumers, the #Texas Attorney General’s recent settlement sets groundbreaking precedence that requires #GenAI companies to comply with the #DTPA or face penalties. To demonstrate compliance, #AI companies must take additional steps to ensure the transparency and accuracy of outputs generated by the AI’s algorithms, such as the use of: 1) third party code audits to validate the accuracy of the AI; 2) clear and conspicuous disclaimers about the limitations and risks of using the AI; and 3) usage restrictions in its marketing materials and related license terms.  Got questions? Let's talk! https://lnkd.in/grbGsa4c

Disruptive ideas at the #BayouStartupShowcase2024. Cool innovation out of OwlSpark and #redlabs.

Similar to its scrutiny of using #darkpatterns to influence consumer behavior, the #FTC is now investigating the anticompetitive usage of #AI that can potentially lead to price-fixing practices that manipulate #international markets. Before deploying AI in your operations, start by testing the AI solution in a limited market segment to avoid the concentration of market power. The AI license terms can also be the first contractual defense to minimize any collusion with third parties for the determination of prices. Finally, First Amendment protections to the AI #sourcecode should be analyzed to prevent any overreach of government regulations. https://lnkd.in/gRWa4gWG

More great news for #Texas as a leader in #technology. These grants will seed new companies, create new jobs and spur new #innovation in the fields of #semiconductors, #advancedmanufacturing, and #microelectronics. https://lnkd.in/gvT2HNXW

The sharing of #USPS customer data with #bigtech #socialmedia platforms presents substantial privacy implications and liability concerns. By combining USPS #data with extensive digital profiles, there is a heightened risk of intrusive tracking and profiling, leading to potential privacy infringements. Customers might not be fully aware of or consent to the extent of data sharing, raising ethical and #legal issues. Furthermore, any data breaches or misuse could result in significant legal liability for the USPS, including penalties and loss of public trust. Ensuring rigorous data protection, transparency, and clear consent mechanisms is essential to address these challenges.

Great news for the #technology ecosystem in #Texas! https://lnkd.in/gSjeCZn5

As long as interest rates remain at a generational high, valuations will be depressed and LP’s will divert their capital to less risky #investments which offer a guaranteed return rather than a high risk #startup. https://lnkd.in/g2f8HuAA