Insights on AI, Metaverse & Blockchain

On October 4, the Federal Trade Commission (FTC) hosted a virtual roundtable discussion to understand the impact of generative artificial intelligence (GenAI) on creative fields.

For better or worse, generative artificial intelligence (AI) is already transforming the way we live and work. Within two months of its initial release to the public, ChatGPT reached 100 million monthly active users, making it the fastest-growing consumer application in history.

On September 12, 2023, the Senate Judiciary Subcommittee on Privacy, Technology, and the Law convened a hearing to discuss potential legislation focused on AI models, the third in a series of hearings by the subcommittee analyzing issues in AI oversight. A key discussion topic was the Bipartisan Framework for US AI Act introduced by Senators Richard Blumenthal and Josh Hawley.

Following its enforcement action against Impact Theory, LLC, the US Securities and Exchange Commission (SEC) commenced an administrative proceeding charging Stoner Cats 2, LLC (SC2) with conducting an unregistered offering of securities in the form of non-fungible tokens (NFTs) in violation of the Securities Act of 1933.

The US Copyright Office has issued a notice of inquiry in the Federal Register on the intersection of copyright and artificial intelligence (AI).

For better or worse, generative artificial intelligence (GenAI) is already transforming the way we live and work.

Generative AI (GenAI) tools are rapidly gaining traction in virtually every sector of the global economy, including the hospitality industry. From the reservations and booking process to check-in and check-out to increasing customer retention and improving sales, there are virtually endless use cases for machine learning and GenAI.

Generative AI is a rapidly developing technology that will revolutionize the way business is conducted.

On August 28, 2023, the US Securities and Exchange Commission (SEC) charged media and entertainment company, Impact Theory, LLC, with violating the Securities Act of 1933 by making an unregistered offering of securities in the form of non-fungible tokens (NFT).

Sailesh Patel will present at the 6th World Legal Tech Summit on September 8, 2023.

On August 18, 2023, the US District Court for the District of Columbia held that the US Copyright Office did not abuse its discretion in determining that works generated entirely by artificial intelligence (AI) systems are ineligible for US copyright protection.

For better or worse, generative artificial intelligence (AI) is already transforming the way we live and work. Within two months of its initial release to the public, ChatGPT reached 100 million monthly active users, making it the fastest-growing consumer application in history.

On August 4, 2023, celebrity singer Austin Mahone entered into a settlement agreement with the US Securities and Exchange Commission (SEC) after being sued in the US District Court for the Southern District of New York (SDNY) for allegedly violating the anti-touting provision.

In the inaugural edition of 15 Minutes on Congress, host Dan Renberg is joined by his colleagues, former Sen. Byron Dorgan, former Congressman Phil English, and Reed Freeman, as they delve into the complexities of artificial intelligence (AI) regulation in Congress.

Artificial intelligence promises to transform the way we live and work and its impact will undoubtedly stretch to every business sector across the globe. This next generation of technology brings exciting possibilities and unknown legal risks.

On July 21, the White House announced that seven top US artificial intelligence (AI) companies, have voluntarily committed to implementing safeguards in AI technology development. These commitments aim to manage potential risks while capitalizing on the immense potential of AI.

For better or worse, generative artificial intelligence (AI) is already transforming the way we live and work. Retail and fashion companies that fail to embrace AI likely risk losing their current market share or, worse, going out of business altogether.

The advent of artificial intelligence (AI) technology has ushered in remarkable advancements across myriad industries from healthcare to entertainment and beyond.

Across industries, professionals are talking about the opportunity and utility of artificial intelligence (AI). In the estate planning and family office realms, two fields that require a distinctly human touch, advisors wonder how can artificial intelligence be leveraged, if at all?

Generative artificial intelligence (AI) is transforming the way we live and work. At its core, AI is the ability of machines to think and learn without encoded commands, mimicking our own cognition.

AI, Metaverse, and Blockchain Practice Co-Leader Dan Jasnow was quoted by Law360 regarding the recent wave of copyright lawsuits affecting various artificial intelligence (AI) developers, including two that involve claims that AI systems are being trained using copyright-protected images.

On July 13, 2023, The Washington Post broke the news that the Federal Trade Commission (FTC) had issued a Civil Investigative Demand (CID) — a sort of a pre-litigation subpoena as part of what is supposed to be a nonpublic investigation — to OpenAI, LLC, the maker of ChatGPT and DALL-E.

Much has changed since the “Moneyball” theory revolutionized how technology is used throughout the sports industry and influenced the way fans and experts consume and analyze sports.

ArentFox Schiff Chairman Anthony V. Lupo was quoted in an in-depth case study, “The Complete Playbook for Generative AI in Fashion,” by Business of Fashion about the opportunities and risks artificial intelligence (AI) brings to the fashion industry.

Generative AI is already an integral part of the automotive industry, playing a significant role in enhancing Advanced Driver Assistance Systems (ADAS) and making it possible for drivers to interact with their vehicles.