AIBusiness Spending Is Surging, but Can It Last? - Goodwin
Business investment in generativeartificial intelligence(AI) is surging as companies seek to capitalize on its potential. In 2024, generative AI …
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Texas AG Enters Into First-of-its-Kind Settlement With Provider of GenerativeAITools for ... - Goodwin
(Pieces), a healthcare generative AI company, misrepresented thehallucinationrate of its generative AI product to healthcare providers and …
Texas AG Enters Into First-of-its-Kind Settlement With Provider of GenerativeAITools for ... - Goodwin
...AI-relatedrisksunder existing consumer protection laws without passing new legislation. At the federal level, the Federal Trade Commission has …
AI and Financial Stability: Questioning Tech-Agnostic Regulation in the UK? - Goodwin
Growing Use Cases:AI and Risk Mitigation. The DG noted the surveys undertaken by the PRA and FCA, noting that early use cases within financial …
The EUAIAct's Potential Effect on Medtech Innovation - Goodwin
Learn how the EUAIAct could affect medtech innovation due to strict transparency,riskmanagement, and safety standards …
NYDFS Publishes Guidance onAI-Related Cybersecurity Risks| Insights & Resources
Goodwin On October 16, 2024, NYDFS issued guidance on AI reliance and cybersecurityrisks, recommending controls for regulated entities to enhancerisk …
Double Clicking on Innovation in Consumer Finance: Responsible Use ofAI- Goodwin
Goodwin For example,AI in credit underwriting can help improve creditriskassessments and provide new means for extending credit to applicants who would not …
EUAIAct: Key Points for Financial Services Businesses | Insights & Resources | Goodwin
Procter That said, theAIAct expressly points to existing EU financial services laws, including directives that contain the internal governance andrisk …
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Series 1 - The World's FirstAIRegulation Is Here | Insights & Resources - Goodwin Procter
TheAIAct is ariskbased framework, and the implementation periods of the new law vary depending on the category ofriskan AI system triggers. ' …
What's Next for AI? Six Areas to Watch in 2024 | Insights & Resources - Goodwin Procter
Businesses looking to acquire these new tools will need to navigate somerisksthat can arise from AI licensing deals.AI tools are often built on …