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Canada: Competition Bureau seeks comments on the effects of artificial intelligence on competition

by , and 7 Mins Read

In brief The Canadian Competition Bureau (“Bureau”) has announced a significant initiative to explore the impacts of artificial intelligence (“AI”) on competition in Canada. On 20 March 2024, the Bureau published a discussion paper, entitled “Artificial intelligence and competition” (“Discussion Paper”), and has requested feedback from the public. The Bureau is seeking to better understand how AI can affect competition in Canada. It is also seeking to determine how it can better prepare to address…

In Artificial Intelligence

M&A, Professional Perspective – AI: Real Money, Light Representations & Light Deal Certainties

by , , , , and 16 Mins Read

Copyright 2024 Bloomberg Industry Group, Inc. (800-372-1033) AI: Real Money, Light Representations & Light Deal Certainties. Reproduced with permission. Editor’s note: For additional guidance on practice-specific areas of risk associated with the use of generative and other forms of AI, see our AI Legal Issues Toolkit. For additional information on laws, regulations, guidance, and other legal developments related to AI, visit In Focus: Artificial Intelligence (AI); Data Security, Professional Perspective – Regulation of AI Foundation Models. The wave of…

In Artificial Intelligence

Recent SEC Actions Highlight Increased Regulatory Scrutiny over Artificial Intelligence and “AI Washing”

by , , , and 5 Mins Read

On March 18, 2024, the United States Securities and Exchange Commission (the “SEC“) announced that it settled charges against two investment advisers for making false and misleading statements about their purported use of artificial intelligence (AI). This SEC enforcement action marks the latest efforts by securities regulators to combat the adverse effects of “AI washing” and confirms that AI, and particularly “AI washing”, is at the forefront of securities regulators’ minds. What is “AI washing”? “AI washing”…

In Artificial Intelligence

You AI-n’t Nothing But a Hound Dog: Tennessee’s New ELVIS Act Puts AI Soundalikes in the Crosshairs

by , and 4 Mins Read

In brief Surrounded by an improbable retinue of country music stars and state lawmakers, on March 21, 2024 Tennessee Governor Bill Lee signed HB 2091, which amends the state’s right of publicity statute to create the Ensuring Likeness, Voice, and Image Security Act of 2024 (the “ELVIS Act”). The ELVIS Act is billed as the first law to protect “songwriters, performers, and music industry professionals’ voice from the misuse of artificial intelligence.” The ELVIS Act…

In Artificial Intelligence

USPTO Issues New Guidance on Inventorship when Assisted by AI

by , and 4 Mins Read

On February 13, 2024, the USPTO issued new guidance regarding the patentability of inventions created with the assistance of AI. Issued in response to the “Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence” released by President Biden on October 30, 2023, this guidance has been highly anticipated, in view of the market’s rapid adoption of AI tools in all corners of business, including the creation of inventions and new…

In Artificial Intelligence

Averting Patent and other IP Risks in Generative AI Use

by and 8 Mins Read

In the past year, news coverage on generative artificial intelligence has dominated headlines. Generative AI offers dominant functionality and opportunities to leverage incredibly powerful algorithms to make new content. One area that business leaders and research and development teams may think to use generative AI is in the realm of new inventions. However, while generative AI offers great potential, it also comes with risk. Below, we discuss patent and other IP considerations related to using…

In Artificial Intelligence

CIDs for everyone: FTC streamlines its ability to investigate use of AI

by , , , and 1 Min Read

In a month already full of activity with respect to regulation of artificial intelligence (AI) globally, the U.S. Federal Trade Commission (FTC) has continued to assert its role in regulating AI in the US. On November 21, 2023, FTC commissioners unanimously resolved to streamline the FTC’s ability to issue civil investigative demands (CIDs) regarding AI in products and services. FTC staff may now more easily compel release of documents, information, and testimony as part of…

In Artificial Intelligence

Biden’s Wide-Ranging Executive Order on Artificial Intelligence Sets Stage For Regulation, Investment, Oversight and Accountability

by , , , , , , , , , , , , , , , , , , , , , , and 6 Mins Read

On October 30, 2023, President Biden issued a 63-page Executive Order to define the trajectory of artificial intelligence adoption, governance and usage within the United States government. The Executive Order outlines eight guiding principles and priorities for US federal agencies to adhere to as they adopt, govern and use AI. While safety and security are predictably high on the list, so too is a desire to make America a leader in the AI industry including…

In Artificial Intelligence

BIS Strengthens Export Controls on Advanced Computing Items, Semiconductor Manufacturing Equipment, and Supercomputing End-Uses to China and Other Countries of Concern

by 21 Mins Read

On October 17, 2023, the US Department of Commerce’s Bureau of Industry and Security (“BIS”) released two interim final rules (collectively, the “October 2023 IFRs” available here and here) amending the Export Administration Regulations (the “EAR”) to further strengthen export controls on advanced computing items, semiconductor manufacturing equipment, and items that can support end uses related to the development and production of supercomputers, advanced-node integrated circuits and semiconductor manufacturing equipment. The long-awaited October 2023 IFRs come more than one…

In Artificial Intelligence

Responsible AI and the War for Talent

by , , , and 2 Mins Read

Recent and rapid artificial intelligence developments have captured public attention and much has been discussed around how organizations will need to prepare. From an employment standpoint, the increasingly sophisticated potential for AI applications spans the entire employee lifecycle, from recruitment to onboarding, training and more. In the second report in our Workforce Redesign: Outlooks for Business Leaders series, we explore how businesses can responsibly address evolving AI risk in the context of recruitment and empower a more diverse…

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