AI

ABA Formal Opinion on AI

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The American Bar Association’s Standing Committee on Ethics and Professional Responsibility has issued a formal opinion addressing the ethical considerations surrounding lawyers’ use of generative artificial intelligence (GAI) tools in legal practice. Formal Opinion 512, released on July 29, 2024, provides crucial guidance for attorneys navigating this rapidly evolving technological landscape. At the heart of … Read more

New Jersey, AI Powerhouse

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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

AI: Energy & Other Waste

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Artificial Intelligence is often touted as a potential solution to many of our world’s problems, including environmental challenges. However, as we embrace this powerful technology, it’s crucial to consider its potential negative impacts on our planet. This post explores the environmental downsides of AI, with a particular focus on its energy consumption. The Energy Hunger … Read more

Isaac Asimov and the Ethics of AI

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Isaac Asimov, renowned for his science fiction works, introduced the “Three Laws of Robotics” as cornerstone ethical guidelines for artificial intelligence. These laws have significantly shaped discussions on AI ethics, offering a conceptual framework that continues to influence our understanding of the moral challenges posed by advanced technologies. Asimov’s Three Laws state: These laws have … Read more

AI and Contract Analysis

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Contracts are critical components of any M&A deal, governing various aspects such as liabilities, obligations, warranties and intellectual property rights. Analyzing these contracts manually can be time-consuming and error-prone. AI-powered contract analysis tools can offer several advantages in this regard: Efficient Review Process AI algorithms can quickly review large volumes of contracts, including purchase agreements, … Read more

The Different Types of Generative AI

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Generative AI refers to artificial intelligence that can create human-like content, from pictures and videos to poetry and even computer code. To achieve this, several different techniques have emerged, mostly evolving over the last decade by building on foundations like deep learning, transformer models and neural networks. All generative AI models rely on data to … Read more

The AI Legacy of Fritz Lang’s Metropolis

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When we delve into the history of artificial intelligence, we usually focus on the scientists and engineers who developed the algorithms and hardware that power modern AI systems. However, the cultural foundations that shape our understanding and approach to AI have roots in unexpected places. One such influential figure is Fritz Lang, the visionary Austrian-American … Read more

AI and the IRS

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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

The AI and the Poet

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The concept of leveraging artificial intelligence for artistic pursuits like poetry may seem paradoxical at first glance. How could cold, dispassionate algorithms possibly augment one of the most deeply human forms of emotional and creative expression? However, modern AI language models present opportunities for poets to expand their creative horizons in novel ways. Rather than … Read more

US Department of Labor AI Guidelines

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The US Department of Labor has issued a Field Assistance Bulletin on Artificial Intelligence and Automated Systems in the Workplace under the Fair Labor Standards Act and Other Federal Labor Standards. The key points in the Bulletin are as follows: In summary, the Field Assistance Bulletin emphasizes that employers cannot abdicate their responsibilities under federal … Read more

AI: Building the Better Mousetrap

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Artificial intelligence may seem like an overly complex tool to bring to bear on something like redesigning a paper clip or mousetrap. However, the capabilities of modern AI make it well-suited for this type of product optimization challenge. At its core, AI excels at identifying patterns in data, generating novel ideas based on those patterns … Read more