Generative AI (GenAI) has been at the top of the headlines lately, transforming fields as varied as journalism, marketing, and gaming, boosting productivity and profitability, and performing functions previously limited to humans. Recent projections suggest that the global GenAI market will increase to over $100 billion annually by 2030. A previous Wilson Sonsini alert on GenAI covered … Continue Reading
On December 6, 2022, the European Union’s (EU) Regulation on Artificial Intelligence (AI Act) progressed one step towards becoming law when the Council of the EU (the Council) adopted their amendments to the draft act (Council General Approach). The European Parliament (Parliament) must now finalize their common position before interinstitutional negotiations can begin.… Continue Reading
An alphabet soup of U.S. government agencies has taken steps toward regulating artificial intelligence (AI). Last year, Congress passed the National Artificial Intelligence Initiative Act, which creates numerous new initiatives, committees, and workflows on AI, with the goal of preparing the federal workforce, conducting and funding research, and identifying and mitigating against risks. In November 2021, … Continue Reading
