Greenberg Traurig Data Privacy & Cybersecurity Practice Shareholder Reena Bajowala will deliver a presentation titled “Tech and AI in Turnaround” during Turnaround Asset Management’s Turnaround Square virtual event on Oct. 25 at 1:00 p.m. ET. The webinar will cover how artificial intelligence affects and poses challenges to the turnaround space.
On July 26, 2023, the SEC proposed new rules applicable to registered investment advisers and broker-dealers intended to prevent and neutralize the effects of certain conflicts of interest relating to the use of predictive data analytics (PDA), natural language processing (NLP), artificial intelligence (AI) and other “covered technologies” in interactions with clients. Click here to
Probably not.
Under the European GDPR, if the personal information that an organization is going to use as part of training an AI has been collected directly from individuals, then those individuals should be provided with a copy of the organization’s privacy notice “at the time when personal data are obtained.”[1] If the personal
Attorneys familiar with the European GDPR are acquainted with the bifurcation of the world into controllers and processors. For purposes of European data privacy, a “controller” refers to a company that either jointly or alone “determines the purposes and means” of how personal data will be processed.[1] A “processor” refers to a company (or
On Aug. 9, 2023, a tutoring company agreed to pay $365,000 to settle an artificial intelligence (AI) lawsuit with the Equal Employment Opportunity Commission (EEOC). The settlement comes on the heels of multiple EEOC warnings to employers about potential discrimination associated with the use of AI for hiring and workplace decisions.
Organizations are increasingly considering the use of Artificial Intelligence (“AI”) tools to enhance internal business processes. Applying AI to human resource operations is no exception. The use of AI tools to help determine who to hire, whom to fire, and who should be promoted raises a host of labor and employment issues, and implicates new
Data typically is needed to train and fine-tune modern artificial intelligence models. AI can use data – including personal information – in order to recognize patterns and predict results.
The EU’s General Data Protection Regulation (GDPR) permits controllers to process personal information if one (or more) of the following six lawful processing purposes applies:[1]
Data typically is needed to train and fine-tune modern artificial intelligence models. AI can use data – including personal information – to recognize patterns and predict results.
Companies that utilize personal information to train an AI may either be acting as a controller or a processor depending on the degree of discretion that they exercise
The EU’s General Data Protection Regulation (GDPR) applies to two types of entities – “controllers” and “processors.”
A “controller” refers to an entity that “determines the purposes and means” of how personal information will be processed.[1] Determining the “means” of processing refers to deciding “how” information will be processed.[2] That does not necessitate