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By: Tony Samp and Steven R. Phillips A proposal intended to improve the use of AI across the federal government cleared an important legislative hurdle on November 6 as the Senate Homeland Security and Government Affairs Committee approved the AI in Government Act of 2019 (S 1363). The measure, introduced earlier this year by Senator Brian Schatz (D-HI) with bipartisan co-sponsorship, would create the AI Center of Excellence within the General Services Administration (GSA) to…
As breakthroughs in artificial intelligence and related technologies continue to advance quickly, lawmakers in Congress and federal regulatory agencies are increasingly focused on enacting policies to govern these disruptive innovations. In the first six months of the 116th Congress, more than 20 separate pieces of legislation were introduced related to AI, machine learning and facial recognition, with the potential for significant impact on the tech industry, as well as on companies in a wide range…
As AI systems have evolved and become more sophisticated, the risk of fraud targeting corporations and consumers has increased. In a recent cybercrime case, artificial intelligence-based software was used to pressure the CEO of a UK-based energy company to transfer funds to what he believed was an outside supplier. The CEO, who believed he was speaking on the phone to his boss, was asked to send the money − $243,000 − to a Hungarian supplier…
US regulation of autonomous vehicles remains nascent and dispersed. This fragmented environment means that states have emerged as important laboratories of democracy. Since 2011, when Nevada became the first state to authorize the operation of autonomous vehicles, more than 30 states have enacted legislation or issued executive orders relating to autonomous vehicles. These states are experimenting with a wide range of approaches, some cautious and others more ambitious. Read the full article originally published on
Compliments of our colleague Imran Syed, Legal Director, IPT London. As a new era of artificial intelligence (AI) technologies emerges, companies in almost every industry are exploring how they can use AI to drive improvements to their business. After all, the commercial gains are tantalizing, offering businesses a better understanding of their operations and their customers than ever before, as well opportunities for significant cost reduction and quality improvement.…
Implementation of artificial intelligence has risen significantly in the last year, impacting platforms, tools and applications around the world, in fields as diverse as healthcare, retail, agriculture and more. As an increasing number of industries begin opting for solutions based on machine learning, here are seven of the top AI trends that we have seen in 2019 and a prediction of what we think will come in the near future: AgTech: Startups and incumbents are…
Part 1 – Blockchain-based smart contracts and transactions automation The traditional real estate industry is being reshaped by the emergence of blockchain technologies, artificial intelligence, and the Internet of Things. These technologies help real estate “incumbents” execute transactions more efficiently and consistently. But this is only a small part of their impact. The more disruptive change created by PropTech technologies is the evolution of new business models that transform operations and create new revenue streams.…
This article first appeared on dlapiper.com on May 31. DLA Piper is pleased to announce the release of a special report titled “Cryptocurrency and its impact on insolvency and restructuring.” The firm prepared the report on behalf of INSOL International, a global federation of national associations for accountants and lawyers who focus on turnaround and insolvency. Richard Chesley, global co-chair of DLA Piper’s Restructuring practice, prepared the report with associate Malithi Fernando, with contributions from DLA Piper…