Though we recently touched on the U.S. Court of Appeals for the Federal Circuit ruling that only natural beings, which do not include artificial intelligence, can be an inventor under the U.S. Patents Act, the decision merits additional discussion. Defining artificial intelligence (AI) can be a challenging task due to…
Articles Posted in Artificial Intelligence
News of Note for the Internet-Minded (8/10/22) – DeepMind, DALL-E and Fractured Fingers
AI technology dominates the news cycle with news of DeepMind’s groundbreaking discovery of almost all structures of known proteins, an ethical dilemma prompted by a chess-playing robot that broke its young opponent’s finger, the artistic possibilities that DALL-E’s text-to-picture art tool may deliver, and more. The DOJ announces the extradition…
The Black Box Conundrum: Go Weak or Stay Strong?
Even as artificial intelligence (AI) has become more commonplace and relied upon by businesses in different industries, it still faces criticism on whether it can be implemented in a safe and ethical manner and, related, how the bias often inherent in the underlying algorithms can be detected and reduced. Enter…
Shining Light on the Algorithms in Your Company’s Black Box
Artificial intelligence has long since evolved from a technology with exciting potential to a near ubiquitous and integral component in the day-to-day conduct of many businesses. Take the automotive and aerospace industries—each is undergoing massive changes and movements toward more competitive, efficient and innovative uses of technology and AI in…
Regulators Zero In on AI
As previously discussed, financial services regulators are increasingly focused on how businesses use artificial intelligence (AI) and machine learning (ML) in underwriting and pricing consumer finance products. Although algorithms provide opportunities for financial services companies to offer innovative products that expand access to credit, some regulators have expressed concern that…
News of Note for the Internet-Minded (3/11/22) – AI Tools, NFT Trading and Ransomware Misdeeds
Is Russia’s invasion of Ukraine altering the landscape of the internet? Can AI help historians decipher ancient texts? How did two siblings allegedly use a digital token to defraud investors? Explore this and more in today’s News of Note. As AI gets better at interpreting human emotions, how is it…
News of Note for the Internet-Minded (2/17/22) – Metaverse Gambling, Vanishing NFTs and AI Gaming
Apple’s portal to the metaverse could be nearing, Sony’s AI ups its game(play), a hospital resorts to pen and paper to thwart ransomware, and more in this week’s News of Note! Sony’s AI bests top human competitors in racing game Gran Turismo. (James Vincent, The Verge) Russia moves to regulate…
News of Note for the Internet-Minded (2/1/22) – AI Colleagues, AR Experiences and Ransomware Dangers
Can AI build AI, what does an augmented reality theater production look like, what is the “quantum apocalypse,” and more… AI gets meta: Researchers at the University of Guelph develop “hypernetwork” to build AI. (Olivia Fields, Quanta Magazine) MIT researchers develop training process to help humans collaborate with AI “colleagues.”…
Artificial Intelligence and Regulatory Compliance
Regulators at the state and federal level are increasing their scrutiny of businesses’ use of artificial intelligence (AI). For example, recently, representatives from the Office of the Comptroller of the Currency and the New York State Department of Financial Services discussed the need for developing additional AI guidance. Banks, insurers…
The EU’s “Third Way” to AI Regulation
With artificial intelligence (AI) becoming more and more embedded in our everyday lives, there has been a corresponding need for regulations that foster AI development and adoption in a responsible manner. The question is how governments should approach such regulation. Earlier this year, the European Commission published its proposed legal…