Innodata Inc. is an American company, headquartered in New Jersey, that provides business process, technology and consulting services. A class action lawsuit has been brought against Innodata alleging securities fraud related to misrepresentation of the company’s AI technology and business prospects. The plaintiffs claim that between May 9, 2019, and February 14, 2024, the defendants … Read more
AI can automate various aspects of the due diligence process, such as document review, redlining, and contract summarization. By automating routine tasks, AI frees up M&A professionals to focus on higher-value activities, such as strategic analysis and negotiation. I give more particulars below after the video. By automating routine tasks and leveraging AI-driven analytics, M&A … Read more
I asked ChatGPT to write 10 original legal jokes. I don’t think Dave Chapelle has got anything to worry about.
As artificial intelligence increasingly makes high-stakes decisions without direct human intervention, the domains of legal liability and ethical responsibility drift into uncharted territory. From medical diagnoses to judicial sentencing to self-driving vehicle accidents, complex AI systems utilize vast data processing capabilities to take consequential actions autonomously. But who is held accountable when inevitable errors arise, … Read more
The New York Times has filed a lawsuit against Microsoft and OpenAI alleging that their generative AI systems, including Copilot/Bing Chat and ChatGPT, infringe on the Times’ copyrighted articles by copying and using them without permission to train the AI models. The Times’ key points: As of this writing, the defendants have not responded.
As artificial intelligence continues to transform the legal landscape, it brings forth a host of opportunities and challenges. One critical aspect that legal clients must prioritize is the protection of privacy in the era of AI. I explore below the privacy risks associated with AI and provide actionable insights for legal professionals to navigate this … Read more
AI and ethics can walk hand-in-hand. Ever pondered what role artificial intelligence might play in the legal landscape? As technology marches on, AI offers unique opportunities for legal professionals. But training AI isn’t all ones and zeros. Ethical, regulatory, and practical considerations abound. Training AI for legal tasks isn’t a walk in the park. It demands … Read more
The data trails we leave each dayContain our joys, beliefs, errors of the past.The systems trained on such displayBiases that within were cast. Imprints of preconception live on,As algorithms crunch through unfeeling bits.Creating models that still drawnTo the prejudices found in it. They mirror latent flaws back to us,Mathematizing the biases we’ve made.Garbage in begets … Read more