Following the publication of the Government’s pro-innovation strategy earlier this year, the Financial Conduct Authority’s (FCA) AI Update last week sets out how its existing regulatory framework maps to the Government’s five principles on Artificial Intelligence (AI) regulation (AI Principles). The Bank of England and the Prudential Regulation Authority (PRA)
Continue Reading FCA and PRA AI Update: Senior Managers’ accountability for the use of AI
On 25 March 2024, the Cabinet Office published Procurement Policy Note (PPN) 02/24: Improving Transparency of AI use in Procurement. This PPN provides guidance on the use by bidders of Artificial Intelligence in public procurements and in the delivery of government services. In particular, it highlights the need for
Continue Reading AI in Public Procurement: Procurement Policy Note (PPN) 02/24 (Improving Transparency of AI use in Procurement)
For the first time in history, the Czech courts have directly dealt with the issue of copyright protection for content created with the help of generative AI.
In the case, the plaintiff generated an image using the program DALL-E. The prompt was to “Create a visual representation of two parties
Continue Reading The first Czech case on generative AI
AI is increasingly at the forefront for the insurance sector, as methods to tackle fraud, manage claims and improve customer service are developed. In terms of how these developments are addressed in the contracts that underpin such arrangements there are significant issues to bear in mind.
Contracts involving AI still
Continue Reading Addressing AI in insurance sector contracts
After years of intense negotiation, EU stakeholders have finally reached political agreement on the long-awaited EU Artificial Intelligence Act (“EU AI Act“), which was first published by the European Commission (“EC“) on 21 April 2021. Following the final trilogues, the Council of the EU released the
Continue Reading Fundamental Rights Impact Assessments under the EU AI Act: Who, what and how?
The sci-fi fascination with AI is well established, long in the tooth and a lazy way of looking at the opportunities (and moreover the threats) presented by AI. But perhaps these once-fantastical ideas are rapidly becoming technological reality. That legislators, including the UK’s House of Lords, are looking seriously at
Continue Reading Building a smarter smartbomb: The Government responds to the House of Lords AI in Weapon Systems Committee
While much attention has been paid to the finalisation of the EU’s AI Act in recent weeks, developments in AI continue at a frenetic rate. On 2nd February 2024 the House of Lords Communications and Digital Committee (HoL) published its report on large language models (LLMs
Continue Reading Who’s been regulating my AI?: Goldilocks and the House of Lords Report on LLMs and Generative AI
There are a multitude of cases around the world at present regarding AI created works and copyright infringement. Various of them emanate from the US, with the claimants (ranging from high profile celebrities to large publishers) alleging that their copyrighted works were used to train LLMs without permission in a
Continue Reading A prompt decision: when is instructing a machine enough to claim authorship?
With great fanfare, and a Herculean final series of negotiating sessions stretching long into the night, political agreement on the EU AI Act was reached on 8th December 2023. This marked a big step closer to the first major piece of legislation regulating AI and its uses coming in
Continue Reading EU AI Act Update – Political Agreement Reached!
