AI Counsel Blog Posts

While it’s hard to find anyone who isn’t excited about AI’s potential to enhance productivity, a recent survey from the Computer Technology Industry Association (CompTIA) of more than 1,100 US business respondents says that, so far, reality has fallen far short of expectations. Here’s an excerpt from CompTIA’s report on the survey’s findings: A majority […]

According to a recent KPMG survey, adoption of AI tools is becoming ubiquitous in US businesses, and employees are leading the charge.  At the same time, however, anxiety about job replacement appears to be growing.  Here are some of the survey’s key findings: – Nearly 9 in 10 employees use AI tools on a weekly […]

Contracts are an important tool for managing risks outside your organization. We’ve previously written about using contract terms to protect data sets, ensure legal compliance, and mitigate AI risks. As AI proliferates, we’ll likely see contractual provisions related to AI use become commonplace. A recent Taft memo discusses three common types of AI clauses that […]

The United States Patent and Trademark Office (USPTO) has issued new guidance on AI-assisted inventions. The new document supplants previous guidance issued in February of 2024. It clarifies that only natural persons are eligible inventors under patent law and that AI systems are tools, not co-inventors. A recent Sheppard Mullin memo summarizes the USPTO’s new […]

The results of a recent Workiva survey of 2,300 finance/accounting, sustainability, internal audit/risk, legal/compliance, and operations professionals across the globe suggest that AI tools are moving the needle in a fairly significant way at the corporate level.  Here are some of the highlights: – 88% of practitioners reported increases in ROI, as well as time […]