Articles Posted in Artificial Intelligence

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Between December 3, 2023, and January 3, 2024, LexisNexis Legal and Professional conducted a survey across 266 Managing Partners and other leaders at American Law 200 and other large law firms. Nearly a third of the executives surveyed indicated their firms had a dedicated budget for generative AI for 2024 and almost 90% indicated they expect their investment in generative AI to increase over the next five years. “Findings include results from 114 executives across 68 Am Law 200 firms, 102 executives across 79 other  large law firms, and 50 executives across 44 Fortune 1000 companies. Firms recognize the potential return on their investment, with 47% believing generative AI technology will decrease costs and 30% believing it will increase revenue. Nearly half of executives are exploring new business opportunities made possible by the technology (47%).” Surveys were conducted in English via the Forsta  survey platform.

For more details regarding survey findings,  Click here  to view the Executive Summary (an overview),  Findings (Full Survey Results), an Appendix, and a discussion of the methodology.

 

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Presiding Justice Hector D. LaSalle and the Justices of the Appellate Division, Second Department on January 11, 2024, announced the creation of a Task Force to study

the interplay of artificial intelligence and the courts of the Appellate Division, Second Department. The Task Force will meet with experts in the field of artificial intelligence

and propose recommendations on how the Appellate Division, Second Department and the trial courts within its jurisdiction may best utilize reliable artificial intelligence

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The Federal Trade Commission announced today, January 25, that it issued orders to five companies requiring them to provide information regarding recent investments and partnerships involving generative AI companies and major cloud service providers.

The agency’s 6(b) inquiry will scrutinize corporate partnerships and investments with AI providers to build a better internal understanding of these relationships and their impact on the competitive landscape.  The compulsory orders were sent to Alphabet, Inc., Amazon.com, Inc., Anthropic PBC, Microsoft Corp., and OpenAI, Inc.

According to Sage Lazzaro writing in Eye on AI, “The agency is investigating three multi-billion dollar deals that have shaped the AI landscape as we know it: Microsoft and OpenAI, Google and Anthropic, and Amazon and Anthropic. The FTC issued orders to all of the involved companies, seeking specifics about their agreements, the practical implications of these partnerships, analysis of the transactions’ competitive impact, competition for AI inputs and resources, and more information. This investigation could have major ramifications for these companies and the AI and technology landscape.”

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The year 2024 promises to be a pivotal year for Artificial Intelligence (AI), with advancements across various sectors and a growing focus on real-world applications. Here are some predictions taken from various sources including my own expressing a variety of opinions as to what we can expect in the near future. The predictions are grouped into six broad categories: Widespread Integration, Generative AI, Practical Applications and Explanability, Health Care, Legal and Ethical Considerations, and Emerging Trends, followed by a list of references to materials discussing various aspects of the topic. For those who may be less familiar with AI, I have also included under References a citation to a posting by Bill Gates that can be read as a general introduction.

  1. Widespread Integration of AI:
  • AI will become increasingly ubiquitous, seamlessly integrated into homes, businesses, and everyday activities. This could range from personalized AI assistants to smart homes that anticipate your needs.
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The current edition of Sci Tech e-Merging News published by the Science and Technology Section of the American Bar Association,  contains announcements of upcoming events and updated research discussing issues of special interest to both members of the legal profession and others outside the legal profession who face similar concerns. These events include the following:

Open-Source Software Security: Areas of Long-Term Focus and Prioritization

Thursday, January 18, 2024 | 1:00 – 2:00 PM ET

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Judge Scott U. Schlegel of the Fifth Circuit Court of the State of Louisiana currently serves as Chair of the Louisiana Supreme Court Technology Commission, and is recognized as a pioneer in using technology in the Louisiana State Courts. He has managed what is considered by many to be one of the most advanced technology courts in the nation in terms of delivering online justice.

According to the Fifth Circuit Court Of Appeals of the State of Louisiana website,  “he is the Immediate Past President of the Louisiana District Judges Association (LDJA) and serves on many other committees. Judge Schlegel has received numerous awards including the National Center for State Courts’ 26th Annual William H. Rehnquist Award for Judicial Excellence, one of the highest judicial honors in the country. Judge Schlegel was also featured on the cover of the American Bar Association Journal and is a nationally recognized speaker on legal tech and the modernization of the justice system including matters related to artificial intelligence and the law,”

Judge Schlegel has also been appointed as a member of the Advisory Council of the ABA Taskforce on Law and Artificial Intelligence in recognition of  his efforts to understand and communicate the important issues and challenges related law and artificial intelligence.  On November 28,2023, Judge Schlegel wrote the following open letter which we think is an important addition to this discourse and needs to be distributed widely. Therefore we are reproducing Judge Schlegel’s letter, titled A Call for Education Over Regulation An Open Letter in full and hope you will find it helpful:

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