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Artificial intelligence

How AI is reshaping business

Whether investing in, adopting AI or engaging in open innovation around AI with outside parties or vendors, businesses require strategic guidance on the legal implications associated with the use of this technology, as well as assistance navigating the development of practical and actionable ways of managing the associated risks.

As the use and development of AI expands, so do the related legal implications and regulatory oversight on a range of AI-related activities.

Insights

EU confirms agreement on rules to improve working conditions of platform workers

On 11 March the Council of the EU confirmed the provisional agreement reached on the Platform Workers Directive (the Directive).

Global | Articles | April 04, 2024

Artificial intelligence

Europe takes the early lead: Lawmakers pass landmark AI legislation

On March 13, the EU Parliament voted to adopt the EU’s AI Act. The AI Act is the EU’s first comprehensive legislation setting rules regulating artificial intelligence on an EU-wide basis.

Global | Articles | March 13, 2024

Artificial intelligence
The EU AI Act: What obligations will apply to your business?

The EU AI Act: What obligations will apply to your business?

Political agreement was achieved at the beginning of December but the final texts are not available.

Global | Webinar | January 11, 2024

Artificial intelligence

Managing AI risks and legal implications, effective cybersecurity, ensuring privacy and the integrity of organizational records

In a world where generative AI is driving innovation and technology is outpacing legislation, there’s a lot for companies to consider to maintain operational effectiveness and minimize risk.

Global | Articles | December 21, 2023

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The UK CMA’s AI Foundation Models Initial Report

The CMA’s Initial Report (Report), published on 18 September 2023, considers three levels of the AI Foundation Model (FM) value chain (although it focuses predominantly on the first two levels).

Global | Articles | December 13, 2023

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The Power of AI: How is artificial intelligence transforming financial services?

We have published a new global report, The Power of AI: How is artificial intelligence transforming financing services, which features responses from a cross-section of financial services clients surveyed around the world in relation to the use of artificial intelligence (AI) or machine learning (ML) solutions.

Global | Articles | December 13, 2023

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The EU’s AI Act: the position is agreed

In the early hours of the morning of Saturday 9 December 2023, the European Parliament (the Parliament) and the Council of the EU (the Council) reached an agreement on the outstanding points on the EU’s Regulation on artificial intelligence (AI Act).

Global | Articles | December 12, 2023

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The EU’s AI Act: The position is agreed

The EU’s AI Act: The position is agreed

In the early hours of the morning of Saturday 9 December 2023, the European Parliament (the Parliament) and the Council of the EU (the Council) reached an agreement on the outstanding points on the EU’s Regulation on artificial intelligence (AI Act). Talks had previously stalled over how to regulate AI trained on large amounts of data and able to perform a wide range of functions, referred to as ‘foundation models’ or ‘general purpose AI’. The lack of progress had led to questions over whether the AI Act would be finalised before the end of Spain’s presidency of the Council at the end of the year, and whether an agreement would be possible before the next Parliament elections in June 2024. Extending this week’s talks by a further day, however, the Parliament and Council were able to reach an agreement on the outstanding points.

Global | Articles | December 12, 2023

Artificial intelligence

UK Finance publishes report on the impact of AI financial services: Opportunities, risks and policy considerations

On 23 November 2023, UK Finance published a report on the impact of artificial intelligence (AI) in financial services, including opportunities, risks and policy considerations.

Global | Articles | December 06, 2023

Artificial intelligence

Artificial Intelligence (Regulation) Bill: UK Private Members’ Bill underscores wide-spread regulatory concerns

A Private Members’ Bill, the Artificial Intelligence (Regulation) Bill (the Bill), has been introduced into House of Lords (the UK’s upper House of the UK Parliament) and is currently at the second Parliamentary stage.

Global | Articles | November 27, 2023

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President Biden issues sweeping artificial intelligence directives targeting safety, security and trust

On October 30, 2023, after recognizing that Artificial Intelligence (AI) is the most consequential technology of our time and anticipating that it will accelerate more technological change in the next five to ten years than witnessed in the past fifty, President Biden issued an Executive Order directing actions to establish new AI standards.

Global | Articles | November 09, 2023

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International agreement on AI safety: Imran Ahmad comments on Bletchley Declaration

Artificial intelligence (AI) has the potential to fundamentally change business processes, and also have a significant impact on human well-being.

Global | Articles | November 07, 2023

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