Be Sued? Artificial intelligence will bring new challenges to the #legal
It's a brave new world for lawyers navigating the potential uses and risks of artificial intelligence. The "Brave New World" is of course a nod to the 1930s dystopian novel set in a futuristic world. Today, scientific developments are unfolding in a positive way in real time, making life easier through the use of devices on our phones and in our homes. For consumers and businesses, the future is unfolding. For attorneys, the lack of legal precedent can represent both a challenge and an opportunity.
Shook, Hardy & Bacon's AI Task Force sheds some light on this changing landscape in a new white paper co-authored with ALM Media. Unlike other reports focusing on the impact of legal AI applications, Shook's report is based on a survey of in-house counsel navigating industries directly affected by consumer-facing #artificialintelligence
applications, including the automotive, life science and manufacturing sectors. "As the #business
needs of a company push for greater efficiency and effectiveness resulting from implementation of artificial intelligence, the in-house counsel role will need to grow," stated Shook Intellectual Property & AI Partner Cory Fisher. "Not only to understand the underlying #technology
, but also the new avenues of potential liability from supplanting traditional actors with AI." Shook's AI Task Force takes a unique approach to helping #companies
anticipate and resolve liability challenges related to #AI
application. Unlike a traditional #law
firm practice group, the task force strategically aligns attorneys across a variety of disciplines, including intellectual property, privacy and data security, product liability, class action litigation, and public policy.
The survey found that 58 percent of respondents said their company plans to expand its use of AI in the near term.
Other findings in the general counsel survey revealed their top concerns:
Privacy and security was the top concern for 60 percent of those surveyed.
Lack of regulation and standards was the next highest concern.. Full Article Link in Bio>>