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.”
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
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.
2026-03-09T16:48:00Z By Neil Hodge
For the past few years, companies have been grappling with how to control employees’ use of AI in the workplace, but it seems that executives are the most likely to flout the rules and put the organization at risk.
2026-01-27T20:18:00Z By Jaclyn Jaeger
U.S. oil and gas companies strong-armed into participating in the nationalization of Venezuela’s oil industry decades ago now face government pressure of the opposite kind: Invest billions into rebuilding a dilapidated oil and gas infrastructure for a high-risk country that still owes billions in unsettled debts.
2026-01-06T13:16:00Z By Ruth Prickett
While companies focus on the risks, opportunities, and regulations emerging around AI, the next tech challenge is already on the horizon. Quantum computers are here – and so are the associated crime risks, plus some encryption protections.
Site powered by Webvision Cloud