A Legal Primer on Artificial Intelligence and Intellectual Property

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On November 30, 2022, OpenAI captured the world’s attention when it introduced version 3.5 of its ChatGPT service. What began as cocktail hour conversations and funny experiments quickly made its way into boardrooms and budgets. Goldman Sachs reported AI investment was forecast to approach $200 billion globally by 2025, and 47% of top technology officers (e.g. CIO, CTO) reported to CNBC that AI was their number one budget item in 2024. Most of this focus has been on what is known as "Generative AI" (Gen-AI), which can output seemingly new content such as emails to customers, sales pitches, and even artwork and company logos.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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