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To embed, copy and paste the code into your website or blog: On Monday, 19 April 2021, a Federal Trade Commission (FTC) blog post warned companies to ensure that their artificial intelligence (AI) does not reflect racial or gender bias, and it indicated that failure to do so may result in “deception, discrimination and an FTC law enforcement action.” 1 Although this is not the first time the FTC has addressed the issue of bias in AI, the agency has now made it clear that if businesses fail to hold themselves accountable for all actions both human and AI they should “be ready for the FTC to do it for [them].” ....
FTC Issues New Guidance, Warning That Bias in Artificial Intelligence Could Create Potential Liability for Enforcement Actions Saturday, April 24, 2021 On Monday, 19 April 2021, a Federal Trade Commission (FTC) blog post warned companies to ensure that their artificial intelligence (AI) does not reflect racial or gender bias, and it indicated that failure to do so may result in “deception, discrimination and an FTC law enforcement action.” 1 Although this is not the first time the FTC has addressed the issue of bias in AI, the agency has now made it clear that if businesses fail to hold themselves accountable for all actions both human and AI they should “be ready for the FTC to do it for [them].” ....
Location: Toronto, ON Alexander Hudek is Kira Systems’ CTO and Co-Founder, and leads the company’s products, technology and research departments. He holds a Ph.D and M.Math degrees in Computer Science from the University of Waterloo, and a B.Sc. from the University of Toronto in Physics and Computer Science. His past research in the field of bioinformatics focused on finding similarities between DNA sequences. He was heavily involved with the human genome project, helping create the first full draft of human chromosome 7. What was your first job? I worked in a research lab that was part of the human genome project at The Hospital for Sick Children (SickKids). One of the most notable projects I helped complete was creating the first full draft of human chromosome 7. I also created an analysis framework for finding new genes that was used for many years. ....
Increasing revenue while cutting down on billable hours? AI for Lawyers says it s possible
As the founders of a company that provides AI-powered contract analysis software, Kira Systems Noah Waisberg and Alexander Hudek are used to facing skepticism, fear and doubt from attorneys. Will AI steal their jobs? Would using it violate ethics rules? How can it be good for a business model that relies on the billable hour to cut down on the amount of time that it takes to review a contract? In their new book, AI for Lawyers: How Artificial Intelligence is Adding Value, Amplifying Expertise, and Transforming Careers, Waisberg and Hudek attempt to answer these questions and provide an accessible guide for firms considering how AI might add to their practices. ....
February 8, 2021 at 3:12 PM Shares2 The hype cycle surrounding AI has taken the legal community on a journey. From the early days of never-ending, but also never plausible, promise to the spirited backlash, to the “well, actually you’ve been unwittingly using it all this time!” It seems as though lawyers are more at piece with A.I. these days, at least to the extent they’re told that the legal research software is, fundamentally, “doing AI” behind the scenes. But to some extent the profession traded the backlash for a lack of imagination. Artificial intelligence can rev up legal research, but it’s capable of a lot more if lawyers just have some faith. ....