What rights does a consumer have to a digital product that they purchase? What control does an author have over their creative works? What obligations do others have to you when they use your data to develop new products? None of these questions are new, but the recent proliferation of artificial intelligence (AI) tools, particularly generative AI (GenAI) tools, has brought these questions to the forefront of ongoing conversations about the role that AI will…
In brief The Colorado Privacy Act (C.R.S. 6-1-1301, et seq.) (the “CPA”) comes into effect on July 1, 2023. Earlier this year, the Colorado Attorney General promulgated final rules for implementing the CPA (4 CCR 904-3) (the “Rules”). The Rules provide insight as to how the Attorney General may interpret and enforce the CPA. In this alert, we highlight several key aspects of the CPA and the Rules to help businesses focus their compliance efforts.…
The Federal Trade Commission (“FTC”) issued a warning on Monday about artificial intelligence (“AI”), telling businesses to “keep [their] AI claims in check” and reminding all industries that the Commission will be monitoring baseless or exaggerated marketing around AI. In the post published on the FTC’s website, an attorney for the FTC Division of Advertising Practices reminded businesses that “false or unsubstantiated claims about a product’s efficacy” is the FTC’s “bread and butter.” The FTC’s…
Blockchain was originally created to validate the transactions of bitcoin and other cryptocurrencies. It can be described as a digital ledger of transactions that is an immutable database and distributed across a network of computer systems. Although touted primarily as a value transfer technology, at its core, blockchain is also a records and data management technology.1 Blockchain technology provides a system for recording information in a manner that makes it difficult to change, hack, or…
Fostering employee trust is a critical component of any stakeholder governance framework focused on sustainable long-term business success. Increasing digitalization of workplace functions and emerging technologies require organizations fully to understand the risks and opportunities that this brings, particularly in relation to employee trust. We have recently published the sixth board paper in the Trust Continuum series: Leveraging Technology to Promote Employee Trust. This report examines the inherent value of employee trust to businesses, risks…
In December we hosted a session as Part of Tech Week 2020 that focused on “The Importance of Diversity in Tech”. Don’t worry if you missed it, we’ve summarized below some of the key take away points from the session and you can watch the full recording from this and all the other sessions here. Diversity in Tech – Challenge Faced Despite an increased focus on diversity, the tech sector still has a lot of…