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ChatGPT, Generative AI and IP Considerations
Part Two of a Two-Part Article
Part One of this article, in the April issue, briefly detailed what "generative AI" tools like ChatGPT are and provided an overview of key legal considerations, including by looking forward to upcoming AI-specific legislation in the EU and the U.S. Part Two looks at AI-specific laws and the path forward for firms wanting to use AI in practice.
Upcoming AI-Specific Laws
European Union
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Counsel should include in its analysis of a case the taxability of the anticipated and sought after damages as the tax effect could be substantial.