The California legislature has taken a bold step into artificial intelligence regulation with the passage of California AI Transparency Act. This groundbreaking legislation establishes new requirements for major AI providers operating in California. It is set to take effect in January 2026. At its core, the Act targets providers of generative AI systems that have … Read more
In a previous post, we explored the question of whether artificial intelligence will induce laziness in humans. Building on that discussion, this article delves into potential legal solutions to address AI-generated indolence. As AI continues to permeate various aspects of our daily lives, it’s crucial to consider how legal frameworks can evolve to mitigate any … Read more
As an entrepreneur or business owner, understanding and complying with securities laws is crucial for the success and longevity of your venture. These laws, designed to protect investors and maintain the integrity of financial markets, carry significant implications for businesses of all sizes. This post will explore the importance of compliance, what it entails and … Read more
In a significant development for the U.S. healthcare industry, the Federal Trade Commission has taken decisive action against the three largest Pharmacy Benefit Managers (PBMs), Caremark Rx, Express Scripts and OptumRx, for alleged anticompetitive practices that have artificially inflated insulin prices. This move comes on the heels of a comprehensive July 2024 Interim Staff Report … Read more
A recent investigation by Shoshana Walter for The Marshall Project and Reveal has uncovered a disturbing trend in U.S. hospitals: mothers losing custody of their newborns due to unreliable drug tests. The full article paints a troubling picture of a widespread practice with far-reaching consequences. Hospitals across the country routinely employ quick, inexpensive urine drug … Read more
In a historic move, the Council of Europe has adopted a groundbreaking Framework Convention on Artificial Intelligence and Human Rights, Democracy and the Rule of Law. Signed in Vilnius on September 5, 2024, this Convention marks a significant step towards establishing a comprehensive legal framework for AI governance with a strong focus on protecting fundamental … Read more
In a groundbreaking move, Illinois has amended its Human Rights Act to address the growing use of artificial intelligence in the workplace. These changes, set to take effect on January 1, mark a significant step forward in protecting workers’ rights in the age of AI. The amended Act introduces clear definitions for “Artificial Intelligence” and … Read more
In a bold move to position itself at the forefront of the artificial intelligence revolution, New Jersey has introduced the “Next New Jersey Program.” This innovative initiative, established within the New Jersey Economic Development Authority, aims to attract significant investment in AI and related industries, create high-paying jobs and cement the Garden State’s status as … Read more
The IRS has a massive volume of tax returns and financial data to analyze each year, making it impractical to manually review every single return for potential issues or discrepancies. AI and machine learning techniques allow the IRS to efficiently sift through this vast amount of data and identify high-risk returns or areas that warrant … Read more
In a new call to action, the Biden administration is urging technology companies and other stakeholders to take voluntary measures to curb the rapidly growing issue of image-based sexual abuse, including abusive content generated using artificial intelligence. Recognizing that this form of gender-based violence disproportionately harms women, girls and LGBTQI+ people, the White House is … Read more
Ivan Boesky’s story came to an end on May 20, 2024, when he passed away at the age of 87. His legacy, however, lives on in the transformed landscape of securities regulation, a constant reminder of the consequences of greed and the SEC’s commitment to maintaining fair and transparent markets. In the 1980s, the name … Read more
New Jersey has established itself as a privacy trailblazer. On January 16th, Governor Phil Murphy signed the state’s first comprehensive consumer data privacy law into effect. With this new Act, New Jersey becomes the 13th state with an omnibus privacy statute and the first to pass such a law in 2024. The New Jersey privacy … Read more