No, this is not a post about Sam Altman being ousted by Open AI (even though at this very moment the final outcome is unclear). This post is about how another AI company was sued by music publishers, seeking to … Continue reading
Stephen Honig
The business press is always carrying stories about suits brought against companies because the company: made a public misstatement that affected the price of its publicly traded shares; the statement was later proven incorrect; and then the stock price fell … Continue reading
In speeches in July and September, activist SEC Chair Gary Gensler has staked out an alleged case for SEC regulation of the new breed of Artificial Intelligence. One would not expect to find the SEC delving deeply into AI, other … Continue reading
Yesterday BlackRock, the huge institutional investor, reported that “most gender-balanced companies [over the last 8 or 9 years] outperformed the least diverse companies by 29%, as measured by average return on assets.” Those companies with women in leadership and who … Continue reading
In the face of growing backlash against DEI efforts in general and questions about the value of corporate positioning to root out alleged systemic racism, yesterday the New England Chapter of National Association of Corporate Directors presented a program on … Continue reading
On October 30, the US Administration issued a 54 page detailed Executive Order setting forth a regulatory scheme to control the development, use, safety and accuracy of AI. This Order fulfills the promise contained in the July Administration release assuring … Continue reading
Law firms are slow to adopt AI in their business models; perhaps they are too aware of the risks, particularly in a profession where keeping secrets –concerning individuals or businesses — is of constant focus. A just-published joint study by … Continue reading
Virtually all businesses, whether they focus on this fact or not, are affected by or are actually using GAI (generative AI) right now, and incurring possible legal exposure. The involvement and thus potential risk is broad. I know this sounds … Continue reading
As part of the Administration’s expanding activity in anti-trust, which includes new proposed Guidance and changes in pre-merger filings under Hart-Scott-Rodino for larger transactions, the FTC for the first time is going to court to make anti-trust violation claims against … Continue reading
If you are acquiring another business, or if someone is trying to buy your own company, what questions will be asked as part of acquirer due diligence? The list is a matter of common sense; although AI is complex and … Continue reading