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Algorithms Risk Management

Burr & Forman

What To Do Before Adopting Generative AI in Your Business

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Your business may want to jump on the Generative AI (GAI) bandwagon and discover how your company may become more productive, competitive, reduce costs, and make the most of new technology. There are many intriguing and...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board - Summer 2024

Across industries, companies are facing new and uncertain regulatory pressures and demands in areas including artificial intelligence, sustainability, algorithmic pricing and fintech-bank relations. In this issue of The...more

UnitedLex

Is Your Data AI-Ready?

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Organizations of all sizes are asking legal teams to go beyond pure legal risk management and compliance, be more cost-efficient, and manage more cases involving more volumes and more and emerging data sources....more

Sheppard Mullin Richter & Hampton LLP

AI Summer Roundup: EU and Colorado Celebrate Summer with AI Legislation

As we enter the end of the summer, the AI regulatory steam is not slowing down. Colorado is now the first US state to have a comprehensive AI law (going into effect February 1, 2026), and the EU published its sweeping AI law...more

A&O Shearman

Colorado’s AI anti-discrimination law

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On May 17, 2024, the Governor of Colorado, Jared Polis, signed Senate Bill 24-205, “Concerning Consumer Productions in Interactions with Artificial Intelligence Systems” (“AI Law”). The AI Law takes effect on and from...more

Foley & Lardner LLP

Artificial Intelligence in Recruitment: It’s Algorithmic, But It May Not Be Private

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The past few years have seen a sharp increase in the use of artificial intelligence (AI) across a variety of industries and workplaces. Many businesses have implemented AI to help streamline the recruitment and hiring process...more

Faegre Drinker Biddle & Reath LLP

Artificial Intelligence Briefing: White House Announces the Completion of Agency Actions Required by the AI Executive Order

A week before the EU’s AI Act comes into force on August 1, the White House announced that U.S. agencies have completed all actions required by President Biden’s AI Executive Order to date. Meanwhile, the Republican Party...more

McGlinchey Stafford

Colorado Enacts Law Regulating High-Risk Artificial Intelligence Systems

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On May 17, 2024, Colorado enacted SB 205, broadly regulating the use of high-risk artificial intelligence systems to protect consumers from unfavorable and unlawful differential treatment. The bill, which requires compliance...more

Faegre Drinker Biddle & Reath LLP

NIST Makes Good on Biden’s Executive Order on AI, Delivering Algorithm-Testing Software and Multiple AI-Related Guidance Documents...

It’s been a busy summer for the National Institute of Standards and Technology (NIST) and the U.S. AI Safety Institute (itself housed within NIST). July 26, 2024, marked the 270th day since President Biden issued his...more

Jones Day

Anticipating Artificial Insurer Defenses: Maximizing Insurance Coverage for AI Exposures

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The Situation: The global market for artificial intelligence ("AI") technologies is projected to surpass $1 trillion by 2030....more

Robinson+Cole Data Privacy + Security Insider

How to Keep AI From Blowing Up in Your Face: Simplified Version

AI can offer manufacturers and other companies necessary assistance during the current workforce shortage. It can help workers answer questions from customers and other workers, fill skill gaps, and even help get your new...more

Flaster Greenberg PC

Understanding Colorado's Landmark AI Legislation and Its Impact on Businesses

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The landscape of artificial intelligence (AI) regulation in the United States is evolving rapidly, with Colorado emerging as a pioneer in consumer protection measures with the Colorado Act Concerning Consumer Protections in...more

Orrick, Herrington & Sutcliffe LLP

Colorado Artificial Intelligence Act: 5 Things You Should Know

Colorado has enacted a first-of-its-kind Artificial Intelligence Act governing the development and use of artificial intelligence.  Here are five things you should know about the Colorado AI Act in its current form—and how it...more

Stinson LLP

Colorado Legislation Tackles Algorithmic Discrimination in AI

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Colorado is the first state to enact a comprehensive artificial intelligence (AI) law to protect consumers against discrimination after a nearly identical bill failed to pass in Connecticut. The purpose of the Colorado...more

Robinson+Cole Data Privacy + Security Insider

How AI Can Address Manufacturing Supply Chain Issues

The global market for artificial intelligence (AI) in manufacturing is valued at $3.2 billion in 2023 and is poised to grow to $20.8 billion by 2028. Used wisely, AI can help manufacturers solve many of their most intractable...more

Jones Day

Colorado Enacts AI Consumer Protection Legislation

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On May 17, 2024, Colorado enacted S.B. 24-205 (the "Act"), which imposes a duty of reasonable care on developers and deployers of high-risk artificial intelligence ("AI") systems to protect consumers from risks of algorithmic...more

Womble Bond Dickinson

Colorado Passes Consumer Protection Law Regulating AI

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While some states have existing laws governing certain aspects of the use of AI, on May 17, Colorado became the first state to enact comprehensive artificial intelligence (AI) legislation. Senate Bill 24-205, “Concerning...more

Husch Blackwell LLP

What Employers Need to Know About Colorado’s New AI Law

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Colorado recently became the first state to regulate the use of high-risk artificial intelligence (AI) systems to prevent algorithmic discrimination by developers and deployers of AI systems. The Colorado AI Act is broad in...more

Thomas Fox - Compliance Evangelist

Anti-Money Laundering in the Age of AI

In a recent episode of the podcast Innovation in Compliance, I had the pleasure of speaking with Jennifer Arnold, a leading expert in anti-money laundering (AML) and the co-founder of Minerva, a cutting-edge investigation and...more

Ballard Spahr LLP

Treasury Issues Request for Information on Use of AI in Financial Services

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The U.S. Department of the Treasury (“Treasury”) has released a Request for Information on the Uses, Opportunities, and Risks of Artificial Intelligence (“AI”) in the Financial Services Sector (“RFI”).  Written comments are...more

Thomas Fox - Compliance Evangelist

AI in Compliance Week: Part 5- Continuous Monitoring of AI

This blog post concludes a five-part series I ran this week on some of the keys intersecting AI and compliance. Yesterday, I wrote that businesses must proactively address the potential for bias at every stage of the AI...more

Ballard Spahr LLP

Colorado Becomes the First State to Enact Broad Restrictions on Using High-Risk Artificial Intelligence Systems to Prevent...

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On May 17, 2024, Colorado Governor Jared Polis signed into law SB 24-205, entitled Consumer Protections for Artificial Intelligence, which will become effective on February 1, 2026. The law applies to developers and deployers...more

Thomas Fox - Compliance Evangelist

AI in Compliance Week: Part 3 – Embracing AI-Powered Internal Controls

Integrating artificial intelligence (AI) into internal controls is pivotal in the ever-evolving corporate governance landscape. We have closely followed the discussion around this emerging trend and the insights from industry...more

Clark Hill PLC

Right To Know - June 2024, Vol. 18

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Cyber, Privacy, and Technology Report - Welcome to your monthly rundown of all things cyber, privacy, and technology, where we highlight all the happenings you may have missed....more

Quarles & Brady LLP

States Adopt NAIC Model Bulletin on Insurers’ Use of AI

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State regulators are taking action on the use of artificial intelligence in insurance. To date, nearly a dozen states have adopted some form of the National Association of Insurance Commissioners (NAIC) Model Bulletin on the...more

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