Keystone AI’s Post

“This year has been one of rapid development for AI, not only in terms of technology but also in guidance from the US Patent and Trademark Office, which has come in three rounds relating to different issues arising out of the use of AI.” In IAM, MBHB Partners Mike Borella and Joshua Rich explore the AI-related guidance from the USPTO over the past year.

Top lawmakers on the House Financial Services Committee are using the stretch run of this congressional term to address the impact artificial intelligence has on the finance and housing sectors. Reps. Patrick McHenry, R-N.C., and Maxine Waters, D-Calif., the chair and ranking member of the committee, respectively, announced Monday the introduction of a resolution to acknowledge the rising use of AI in financial services and in the housing industry, as well as a bill that calls on financial regulatory agencies to study the benefits of the technology within the sector. https://lnkd.in/eBbmmfer

Thank you so much for authoring this article for IBFD's Finance and Capital Markets (FCM) journal. Very relevant for players in FS industry to determine impact of EU AI Act and their next steps #IBFD #IBFDJournals #FinanceandCapitalMarkets #EUAIAct

From operational challenges to AI developments and lessons learned, SS&C's James Villiers draws from his knowledge and expertise to share 3 key insights while at this year's Private Equity Wire Private Credit European Summit. Find out how SS&C Private Credit Solutions can help you: https://ow.ly/x3IJ30sFqA7

🔥 🔥 🔥 TODAY, the Council of Europe (CoE) Committee of Ministers adopted the Framework Convention on AI, Human Rights, Democracy and the Rule of Law. Next step: The Convention will be open for signature on 5 September 2024. 👉 CAIDP Europe applauds the adoption of the Convention, the first ever binding treaty in the field, covering the entire lifecycle of AI systems. - CoE Framework Convention on AI, Human Rights, Democracy and the Rule of Law, adopted on May 17 https://lnkd.in/evcuQ3uW

🍀 🌈 What questions should we ask my esteemed fellow panellists at this upcoming meeting? Comment below on what we might ask Pia Andrews and Jason Pentony, Joshua J Morley GAICD and Peter Fitzpatrick AO, AM (Mil), FSAE, GAICD, JP regarding revisions to Australian SOCI (Critical Infrastructure) laws? How comfortable are we feeling about the huge raft of local and EU AI compliance regulation? https://lnkd.in/gbesY-S8 Your thoughts?... 🍀 🌈

This last Tuesday I had the privilege of hosting a panel discussion with the co-chairs of the House Task Force on Artificial Intelligence, Congressman Jay Obernolte and Congressman Ted Lieu both from the great State of California. It was a very informative discussion which provided a perspective of what the Task Force is focused on and a clear view of the important framework they will produce. I look forward to hearing more on this topic throughout 2024. https://thealliance.ai/

Kathi Vidal, Under Secretary of Commerce for Intellectual Property joined representatives from across government and industry including Sen. Amy Klobuchar, Asst. Attorney General Jonathan Kanter, and former Secretary Condoleeza Rice, to address leading questions around AI and competition. “When I think about the potential of AI, it’s about innovation. It’s about the economy,” said Director Vidal. “If we don’t have strong intellectual property we don’t have new market entrants because they need IP in order to get funding and in order to compete. At the USPTO and Dept. of Commerce we know that to grow the economy and create jobs we need both strong IP and competition.” Watch the full day’s discussion at: https://bit.ly/4bVCIUc

From operational challenges to AI developments and lessons learned, SS&C's Jamie Villiers draws from his knowledge and expertise to share 3 key insights while at this year's Private Equity Wire Private Credit European Summit. Find out how SS&C Private Credit Solutions can help you: https://lnkd.in/dUyaJprq

Artificial Intelligence (AI) is not only transforming industries but also challenging the ethical and legal foundations upon which they operate. The Brown Rudnick LLP event, "The Future of AI," is a crucial platform for exploring three key areas that will define the future of this technology. First, AI data governance is a strategic necessity rather than merely a technical issue. Companies must develop robust guidelines to manage AI’s potential while ensuring compliance with evolving regulations. This involves creating frameworks that protect data integrity and organizational reputation. Second, legal ethics in AI introduces complex questions about professional responsibility. As AI systems influence legal decisions, it is crucial for lawyers to adapt to emerging rules and ethical standards. This panel will explore how legal professionals can navigate these challenges and uphold their responsibilities. Finally, the intersection of privacy and AI addresses one of the most pressing concerns today. With personal data being a key driver for AI technologies, understanding global privacy implications is essential. This panel will examine the balance between leveraging AI and maintaining privacy standards, offering insights into managing risks and seizing opportunities. The Brown Rudnick LLP event is an opportunity not only to gain insights from leading experts but also to actively participate in shaping the future of AI. Join the discussion and contribute to the evolution of this transformative technology!