Less five minutes into Tuesday’s “Tempering Innovation: The Riskier Side of Digital Transformation” session at Legalweek New York, panelists made an attempt to rechristen the whole affair to something more along the lines of “Managing the Risk Associated with Innovation.” The implication is that new technologies don’t have to be tamped down so much as handled with care.
Of course, when it comes to artificial intelligence, there are precious few instructions to draw from in that pursuit. Lee Tiedrich, a partner and co-chair of the Global Artificial Intelligence Initiative at Covington & Burling, indicated that much like the internet in the 1990s, the growth of technologies such as AI continues to outstrip the development of the law. The lack of absolute regulatory clarity raises the stakes for organizations.
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