News & Analysis as of

Risk Management Innovation

Jackson Lewis P.C.

The Importance of Being Erroneous: Are AI Mistakes a Feature, Not a Bug?

Jackson Lewis P.C. on

No one intentionally sets out to make a mistake. Yet, it has long been recognized by some of our greatest innovators from Thomas Edison to Albert Einstein to Henry Ford that making mistakes (and learning from them) is the key...more

Katten Muchin Rosenman LLP

A More Business-Friendly Approach to Innovation, Risk Management and Derivatives Regulation: What to Expect From Incoming CFTC...

President Donald Trump's nomination of Brian D. Quintenz to serve as Chairman of the Commodity Futures Trading Commission (CFTC or Commission) portends a potential shift towards a more business-friendly regulatory approach to...more

Opportune LLP

How to Hurdle AI Adoption Resistance

Opportune LLP on

The hesitation surrounding the adoption of AI technologies often stems from a lack of understanding and trust. According to Stanford University’s AI Index, 55% of people feel nervous about AI products and services. ...more

The Volkov Law Group

Episode 354 -- The New Era of Compliance: Generative AI, Data and Innovation

The Volkov Law Group on

The 1990s saw the explosion of the internet, transforming the global economy and social development in ways we could have never imagined. But will AI truly have the same impact? While its potential is undeniable, the road...more

Benesch

The Year In AI: 2024 Roundup and Forward-Looking Guidance From the Benesch AI Commission

Benesch on

It was a busy year for AI in 2024, and the Benesch AI Commission continued to follow the headlines and stay on top of legal developments. We wanted to take a look back at the year while also looking forward with some...more

EDRM - Electronic Discovery Reference Model

The Human Edge: How AI Can Assist But Never Replace

The rise of artificial intelligence has evoked both awe and apprehension. AI’s capabilities are undeniably astonishing. It can converse and respond to us like a human, answer questions—often with impressive accuracy—write...more

Foley & Lardner LLP

Executive Order on Strengthening and Promoting Innovation in the Nation’s Cybersecurity and Potential Implications Under the Trump...

Foley & Lardner LLP on

On January 16, 2025, President Joe Biden signed the “Executive Order on Strengthening and Promoting Innovation in the Nation’s Cybersecurity.” This directive seeks to tackle the increasingly complex and evolving cybersecurity...more

Fenwick & West LLP

What Startups and Big Pharma Need to Know About AI Drug Discovery

Fenwick & West LLP on

Integrating AI tools into drug discovery introduces a mix of opportunities and challenges for startups and large pharmaceutical companies. These challenges often center on intellectual property (IP) risks, licensing...more

EDRM - Electronic Discovery Reference Model

Key AI Leaders of 2024: Huang, Amodei, Kurzweil, Altman, and Nobel Prize Winners – Hassabis and Hinton

Introduction - The year 2024 marked a pivotal time in artificial intelligence, where aspirations transformed into concrete achievements, cautions became more urgent, and the distinction between human and machine began to...more

Smart & Biggar

Agile licensing amendments registered

Smart & Biggar on

Following consultation starting in 2022, on November 29, 2024, Regulations Amending Certain Regulations Made Under the Food and Drugs Act (Agile Licensing) were registered. These Regulations amend the Food and Drug...more

Mintz - Antitrust Viewpoints

OMB Issues Additional Guidance to Federal Agencies on their Acquisition of AI — AI: The Washington Report

On September 24, the Office of Management and Budget (OMB) released a memorandum on Advancing the Responsible Acquisition of Artificial Intelligence in Government. The new memorandum builds on OMB’s March 2024 memorandum...more

Harris Beach Murtha PLLC

Key Considerations for Selling AI Software to the Government

Harris Beach Murtha PLLC on

The federal government is the biggest purchaser in America and that extends to the SaaS space. On September 24, 2024, the Office of Management and Budget (OMB) released Memorandum M-24-18, offering updated guidelines for the...more

King & Spalding

EU AI Office Announces Organizational Structure & Hosts First Webinar

King & Spalding on

Last month the European Commission (“EC”) announced organizational details regarding the recently formed EU AI Office. Initially launched in January 2024 through the EC’s AI innovation package, the EU AI Office (“AI Office”)...more

Guidepost Solutions LLC

AI Governance – The Ultimate Human-in-the-Loop

...As the world grapples with the rapid advancement of artificial intelligence (AI) technologies, concerns about the potential risks and unintended consequences have understandably taken center stage. While some advocate for...more

Womble Bond Dickinson

Innovation Interchange: Unlocking the Potential of Crowdsourced Intelligence Across Defense, Healthcare and Financial Services...

Womble Bond Dickinson on

In the contemporary landscape of intelligence gathering, the emergence of crowdsourced data has paved the way for revolutionary approaches to information acquisition. ...more

McDermott Will & Emery

[Event] Value-Based Care Symposium 2024 - May 16th - 17th, Nashville, TN

WHERE VALUE-BASED CARE MEETS THE BUSINESS OF HEALTHCARE - Join hundreds of c-suite leaders, investors, operators and counsel in the healthcare capital of the United States for a deep dive into the key business and policy...more

NAVEX

How Ethics Supports Compliance Management and Innovation

NAVEX on

Explaining how a strong culture of ethics and compliance can help your enterprise to succeed is tricky business. So imagine my delight when I came across a recent speech from a banking regulator who did exactly that....more

Maynard Nexsen

US Space Force announces "Commercial Space Strategy" to increase competitive advantage

Maynard Nexsen on

At the 39TH Space Symposium in Colorado Springs on April 10TH, Chief of Space Operations Gen. Chance Saltzman announced the US Space Force’s (USSF) blueprint for integrating private-sector capabilities. This blueprint, dubbed...more

Perkins Coie

Office of Management and Budget Issues New Requirements for Federal Agencies’ Use of AI

Perkins Coie on

The Office of Management and Budget (OMB), part of the Executive Office of the President, recently issued a memorandum (the Memorandum) containing requirements and recommendations for executive agencies regarding those...more

Mitchell, Williams, Selig, Gates & Woodyard,...

Insuring Innovation: Protecting Your Organization in the Age of Generative AI

The decision to integrate Generative AI (“GAI”) into an organization is one that occupies significant space these days in many corporate board rooms. In today’s rapidly evolving business landscape, the adoption of GAI...more

Dorsey & Whitney LLP

AI regulation introduced in Europe - setting the way forward for the rest of the world or slowing down the adoption of new tech?

Dorsey & Whitney LLP on

The EU AI Act, which was passed by the European Parliament on 13 March and is set to become law later this year, will probably be the world’s first legislation to introduce a general regulatory framework for artificial...more

Ballard Spahr LLP

Congressional Representatives Express Concern Regarding FDIC’s Regulation of FinTech Firms and Financial Innovation

Ballard Spahr LLP on

On February 2, 2024, three Republican members of the House Financial Services Committee sent a letter to Federal Deposit Insurance Corporation (“FDIC”) Chair Martin Gruenberg expressing concern regarding what the congressmen...more

Mitratech Holdings, Inc

[Event] Interact 2024 - April 24th - 25th, London, United Kingdom

Mitratech is always ready to meet its community where they are (literally) — and Interact 2024 is a great chance to prove it. Join the world's foremost community of Corporate Legal & Claims, GRC, and HR tech-forward thinkers...more

Holland & Knight LLP

New Artificial Intelligence Executive Order Contains Numerous Healthcare Implications

Holland & Knight LLP on

President Joe Biden on Oct. 30, 2023, signed a sweeping executive order (EO) and invoked the Defense Production Act to establish the first set of standards for using artificial intelligence (AI) in healthcare and other...more

Wiley Rein LLP

OMB Proposes Far-Reaching AI Risk Management Guidance Following AI Executive Order

Wiley Rein LLP on

On November 1, 2023, the Office of Management and Budget (OMB) released a Proposed Memorandum on Advancing Governance, Innovation, and Risk Management for Agency Use of Artificial Intelligence (Draft Memorandum), which aims...more

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