David A. Fazzolare’s Post

The UK and USA have signed the European Union's Convention on AI today, which aims to ensure the use of AI systems is fully consistent with human rights, democracy and the rule of law. While the convention is legally binding, critics have pointed out that it includes no strict enforcements such as sanctions or fines. Brett Lambe, senior associate in our commercial team, comments on the convention in Computing's article, explaining what will be key to the convention's success. Read the full article here: https://lnkd.in/dXJid3Sr #AshfordsUnlockingAI #AIRegulation #AI

Explore the frontier of open AI licensing with our latest article on Medium. From ethical dilemmas to the intersection of law and innovation, join the conversation on shaping the future of AI responsibly. #OpenSourceAI #EthicsInTech #AIRegulation [https://lnkd.in/gMKJYK8h]

On May 17, 2024, Colorado enacted a new law concerning “Consumer Protections in Interactions with Artificial Intelligence Systems.” The law takes effect on February 1, 2026, and focuses primarily on consumer protection, requiring developers and deployers of high-risk AI systems to use reasonable care to protect consumers from any known or reasonably foreseeable risks of algorithmic discrimination arising from the use of high-risk AI systems.  In the absence of federal legislation, U.S. states are stepping up to regulate artificial intelligence. My Perkins Coie LLP colleagues summarize some of the recent state efforts to enact AI legislation. #AI #AIregulation #ArtificialIntelligence

Are you prepared for the risks AI brings to the office? Our latest blog, "Mitigating AI Risks: A Strategic Framework for Business Boards," dives deep into actionable strategies to help boards navigate the legal, ethical, and operational challenges of AI.  Written by Robert Wassall LLB, Director of Legal Services at NormCyber, this essential guide explores the regulatory landscape of AI and provides some guiding principles for Boards to adopt. Read now: https://lnkd.in/e5fgbBMu #AIrisks #BusinessLeadership #CyberGovernance #NormCyber #TeamNorm

Today, I had the privilege of attending the LexisNexis Legal Generative AI Summit: Türkiye Edition 2024, where we explored the intersection of artificial intelligence and law. ⚖️🤖 One of the key focuses of the event was the AI Act Proposal's Legal Framework, addressing critical aspects such as security, transparency, equality, confidentiality, and accountability. The discussions also delved into the management of high-risk AI systems, compliance assessments, and regulatory measures shaping the future of AI in the legal sector. Events like this are invaluable for reflecting on innovative solutions at the crossroads of technology and law, and for preparing for the transformative impact of AI on our profession. Many thanks to the speakers and organizers for this insightful experience. #ArtificialIntelligence #LegalAI #LawAndTechnology #Regulations #LexisNexis #LegalInnovation

European Union member states have agreed on the world’s first major AI regulation law. The EU Council’s AI Act uses a risk-based approach, setting extensive rules for AI applications based on their societal threats. "The AI Act emphasizes trust, transparency, and accountability while fostering European innovation," said Mathieu Michel, Belgium’s Secretary of State for Digitization. Companies face fines up to €35M or 7% of annual revenue for violations. #AIRegulation #EULaw #TechEthics #AIAct #Innovation #DigitalTransformation #Transparency #Accountability #ArtificialIntelligence #EUInnovation

We start in five minutes. All welcome to learn about the latest developments in AI.

The Law of Transparency and Accountability is crucial for ensuring that AI systems operate in ways that are understandable and traceable. This law promotes trust and accountability by requiring AI systems to be transparent about their decision-making processes and by holding developers and operators responsible for their actions.

𝗝𝘂𝗱𝗶𝗰𝗶𝗮𝗹 𝗙𝗮𝗰𝗲-𝗢𝗳𝗳: 𝗡𝗮𝘃𝗶𝗴𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝗘𝘁𝗵𝗶𝗰𝗮𝗹 𝗮𝗻𝗱 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁 𝗨𝘀𝗲 𝗼𝗳 𝗔𝗜 𝗶𝗻 𝗟𝗲𝗴𝗮𝗹 𝗣𝗿𝗮𝗰𝘁𝗶𝗰𝗲 Join industry experts for a comprehensive discussion that will address the critical concerns legal professionals face when adopting AI technology. In this webcast, you'll learn how to harness the potential of AI in your legal practice while ensuring that you remain compliant and protect your clients' confidentiality. https://lnkd.in/gjjhUzBw

In May 2025, first world law will begin regulating artificial intelligence. The new act, authored by EU legislators, proposes a risk-based approach to the technology, with different applications of AI treated differently depending on the perceived threats they pose to society. The EU Commission will have the power to fine companies that violate the AI law up to 35 million euros ($38 million) or 7% of their annual global revenue, whichever is greater.