Director due diligence includes AI literacy, and section 76 of the Companies Act requires directors to act with care, skill and diligence. To act diligently, a director must make informed decisions. Artificial Intelligence (AI) has a wide-ranging impact on modern [...]
As AI technologies continue to advance and permeate various sectors, the European Union is taking proactive steps to regulate their impact on society. Two legislative initiatives aim to address the complexities surrounding the liability of AI. The revised EU Product [...]
In an era where AI reshapes industries, CFOs stand at the forefront of embracing this transformative technology. Understanding AI’s capabilities and integrating them into financial strategies is pivotal for driving growth and ensuring stability. This post outlines what you [...]
The European Union's Artificial Intelligence Act (EU AI Act) is arguably the first pillar of AI legislation worldwide. This Act shapes the standards for AI use across the European Union. One key feature of this legislation is classifying high-risk AI [...]
Most organisations implement AI without considering incident response, leaving them poorly prepared when AI failures and attacks occur. In this post, we explore the reasons behind this and provide you with actionable insights based on lessons learned from developing AI [...]
If the ability to change is the measure of intelligence, the ever-evolving landscape of artificial intelligence (AI) seems to push that idea to the maximum. The possibilities appear boundless, from the current state of generative AI to the prospect of [...]
Why should you care about classifying AI systems under the EU AI Act? If data is the new oil, then AI systems are its refineries. In the same way, pollution is a problem in the world of petrochemical automation. There [...]
Model risk management is crucial to effectively using AI in various domains. As you know, AI has advanced rapidly and integrated into different areas of our lives, including healthcare, finance, and transportation. Even so, AI systems’ reliance on complex models [...]
We believe that legal services should be like a fence at the top of a cliff rather than an ambulance at the bottom of the cliff. This poem by Joseph Malins that he wrote in 1895 expresses what we believe [...]
In our view, there are two kinds of attorneys, diplomats and soldiers. Diplomats try to ensure that there are no wars or prevent wars. No one wins a war. That holds true in a legal war as well, except for [...]
