Draft EU Regulation for Artificial Intelligence Proposes Fines of up to 6% of Total Annual Turnover

After the presentation of a general “European Approach to Artificial Intelligence” by the EU Commission in March 2021, a detailed draft regulation aimed at safeguarding fundamental EU rights and user safety was published today (“Draft Regulation”). The Draft Regulation’s main provisions are the following: …›

The Collision of AI’s Machine Learning and Manipulation: Deepfake Litigation Risks to Companies from a Product Liability, Privacy, and Cyber Standpoint

AI and machine-learning advances have made it possible to produce fake videos and photos that seem real, commonly known as “deepfakes.” Deepfake content is exploding in popularity. In this article, we explore deepfake technology and the legal risks it presents to companies while providing …›

Applying AI and Data Science to the Fight Against COVID-19: The Science and Legal Considerations

Our new Life Sciences MoFo Perspectives podcast is available now. In this episode, several of our Life Sciences Group partners unpack the science, regulatory framework, commercial transactions, and privacy and data security considerations of applying AI and data science to the fight against COVID-19. We …›

In the Public Eye: USPTO Issues Report on AI

The USPTO recently released the report “Public Views on Artificial Intelligence and Intellectual Property Policy”. The report is part of the USPTO’s effort to engage with the innovation community and experts on AI and to promote innovation of AI through appropriate intellectual property incentives. …›

Changing the Safety and Liability Rules on AI – What is the European Commission planning?

A White Paper on Artificial Intelligence (AI) from the European Commission provides insight on how governments might change product safety and liability rules to address the issues arising from AI systems. Five years ago, the European Commission (EC) established a key policy agenda designed to …›

Compliance for a Digital World: BSA/AML

The New ABC's: Artificial Intelligence, Blockchain and How Each Complements the Other BSA/AML compliance programs in the United States are often associated with high costs and inefficiencies. At the core of the problem is the lack of standardization across institutions and BSA/AML compliance processes such …›

The New ABC’s: Artificial Intelligence, Blockchain and How Each Complements the Other

Artificial intelligence (AI) and blockchain technology are two novel innovations that offer the opportunity for us to move beyond our legacy systems and streamline enterprise management and compliance in ways previously unimaginable. Each technology augments the strengths and tempers the weaknesses of the other. …›

U.S. Department of Commerce Imposes Immediate Export Controls on Artificial Intelligence Software Used to Automatically Detect and Identify Objects Remotely

On January 6, 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published an interim final rule amending the Export Administration Regulations (EAR) to place new restrictions on the export of certain software specially designed for automating the analysis of geospatial …›