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AGs Focus on AI Has Implications for Private Equity Investors

By Ashley L. Taylor, Jr., Nicholas Stawasz, Abby Hylton & Namrata Kang on May 21, 2024
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State attorneys general (AGs) have increased their scrutiny of the use of artificial intelligence (AI), particularly in relation to data privacy laws, consumer protection statutes, and anti-discrimination laws. Our state AG team has issued a new white paper examining this trend, including a detailed look at the recent advisory opinion issued by the Massachusetts AG’s office, which provides guidance on how existing laws apply to AI. Understanding the potential legal implications of AI use is important to any consumer-facing business, include private equity firms and other investors.


More on Artificial Intelligence + the Future of Law.

Tags: AI
Photo of Ashley L. Taylor, Jr. Ashley L. Taylor, Jr.

Ashley is co-leader of the firm’s nationally ranked State Attorneys General practice, vice chair of the firm, and a partner in its Regulatory Investigations, Strategy + Enforcement (RISE) Practice Group. He helps his clients navigate the complexities involved with multistate attorneys general investigations…

Ashley is co-leader of the firm’s nationally ranked State Attorneys General practice, vice chair of the firm, and a partner in its Regulatory Investigations, Strategy + Enforcement (RISE) Practice Group. He helps his clients navigate the complexities involved with multistate attorneys general investigations and enforcement actions, federal agency actions, and accompanying litigation.

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Photo of Nicholas Stawasz Nicholas Stawasz

Nick helps middle market businesses and emerging companies evolve and their investors and owners realize successful exits by providing advice on a range of corporate matters and strategic transactions, including mergers, acquisitions, dispositions, and financings.

Read more about Nicholas StawaszEmail
Photo of Abby Hylton Abby Hylton

Abby is an associate in the firm’s Regulatory Investigations, Strategy + Enforcement practice. She previously served as a summer associate at the firm in 2021.

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Photo of Namrata Kang Namrata Kang

Namrata (Nam) is an associate in the firm’s Regulatory Investigations, Strategy + Enforcement (RISE) Practice Group, based in the Washington, D.C. office. She routinely advises clients on a wide variety of state and federal regulatory matters, with a particular emphasis on state consumer…

Namrata (Nam) is an associate in the firm’s Regulatory Investigations, Strategy + Enforcement (RISE) Practice Group, based in the Washington, D.C. office. She routinely advises clients on a wide variety of state and federal regulatory matters, with a particular emphasis on state consumer protection laws relating to consumer financial services and marketing and advertising. Nam’s experience transcends multiple industries, including financial services, telecommunications, media, and sports betting.

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  • Posted in:
    Banking, Finance and Securities, Privacy and Cybersecurity, Technology and AI
  • Blog:
    Regulatory Oversight
  • Organization:
    Troutman Pepper Locke
  • Article: View Original Source

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