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
By: Michael Burshteyn and Erin M. Bosman
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 practical... ›Recent Digital Health-Related FDA Announcements
By: Jean Nguyen
The U.S. Food and Drug Administration (FDA) is showing its dedication to the advancement of digital health technology with two recent announcements: a new Digital Health Center of Excellence and an update on its Software Precertification Program. Manufacturers developing mobile medical devices, software as... ›Applying AI and Data Science to the Fight Against COVID-19: The Science and Legal Considerations
By: Jean Nguyen, Kristen J. Mathews, Matthew Karlyn and Michael R. Ward
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.... ›In the Public Eye: USPTO Issues Report on AI
By: Tessa J. Schwartz
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?
By: Alistair Maughan, Mercedes Samavi and Dan Alam
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... ›Compliance for a Digital World: BSA/AML
By: Marc-Alain Galeazzi and Vivian L. Hanson
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... ›The New ABC’s: Artificial Intelligence, Blockchain and How Each Complements the Other
By: Vivian L. Hanson
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.... ›Can AI Be an Inventor? Not at the European Patent Office.
By: Alistair Maughan and Anna Yuan
The European Patent Office has denied two patent applications on the grounds that an AI system cannot be listed as the inventor. For the first time, the European Patent Office (EPO) has issued a ruling on its approach to patent applications that designate artificial... ›U.S. Department of Commerce Imposes Immediate Export Controls on Artificial Intelligence Software Used to Automatically Detect and Identify Objects Remotely
By: Charles L. Capito and Joseph A. Benkert
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 imagery and... ›