By Neil Hodge2023-10-20T14:14:00
Companies need to be aware of the legal risks and liabilities associated with their use of artificial intelligence (AI)-based technologies, as technology firms are not the only ones in regulators’ sights.
“Using AI can be like having an intern with a drinking problem,” said Justin Garten, a lecturer and AI consultant specializing in large language models, during a session at Compliance Week’s Europe conference in London on Tuesday. “At first, they look as if they know what they’re talking about, and then you slowly realize they don’t.
“AI tosses all our processes up in the air, and we don’t know how or where they’ll land. Be careful about the types of AI tools you are using and the purpose you’re using them for.”
2023-12-01T21:20:00Z By Neil Hodge
Insurers embracing artificial intelligence-based technologies might pose serious risks to companies buying insurance if the risk data used to price their insurance premiums is used to train AI algorithms or shared on commonly used chatbots like ChatGPT.
2023-11-20T20:16:00Z By Adrianne Appel
The Securities and Exchange Commission has not yet implemented rules governing use of artificial intelligence but still expects regulated entities to adhere to commonly accepted practices, including disclosure, said an agency enforcement official.
2023-10-30T22:55:00Z By Adrianne Appel
Companies that design powerful artificial intelligence systems must perform safety tests on the programs and share results with the U.S. government under a sweeping executive order intended to make AI safe while furthering robust innovation.
2025-09-25T20:36:00Z By Jaclyn Jaeger
New regulations, changing consumer demands, and global supply chain disruptions – from cost-of-goods inflation to tariffs to raw material shortages, and more – are just a few top challenges reshaping the operations of food and beverage industry today. “These challenges are no longer just logistical—they implicate sourcing risk, contract performance, ...
2025-09-17T19:03:00Z By Ruth Prickett
More than half of all compliance teams are “actively using” or “piloting” AI applications, according to a Moody’s report. While most are focusing on streamlining routine tasks, some are developing AI agents and asking vital questions about AI decision-making.
2025-08-06T14:00:00Z By Aaron Nicodemus
The Trump administration’s designation of Mexican cartels as terrorist organizations in February has made doing business in Mexico riskier than ever before for corporations.
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