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AI is Here to Stay: Are You Prepared?

Machine Learning. Deep Learning. Data Mining. Predictive Analytics. Natural Language Processing.

These are the buzzwords used to describe the pivotal artificial intelligence (AI) space. Companies in every industry, from automotive and electronics to financial services, health care and life sciences, are working to deploy these advanced technology methods in order to bring their innovations to the next level. AI can help pathologists identify diseases, and physicians better assess brain health. It can help bankers automate back-office processes, create more lifelike chatbots, and improve fair lending practices. It can process and collect data more efficiently, protect from cyberattacks, and improve driver safety. As with any disruptive technology, however, this AI race to the moon comes with its share of risks and challenges. Are you prepared to address the various issues that this new technology may bring?

That is just the tip of the iceberg. As one security professional put it: “For large countries, growing and investing in AI is now a matter of national security and longevity. It’s the next natural resource.” Developing AI safely, legally, and efficiently is an uphill battle that — if navigated incorrectly — could result in a disappointing, if not outright dangerous, assortment of missed opportunities, according to Foley & Lardner LLP’s AI Report, which features qualitative research and conversations with startup founders, business executives, and attorneys at Foley working with AI on:

  • The Dangers of Hype
  • Access to Quality Data
  • An Uncertain Regulatory Landscape
  • The Intellectual Property Conundrum
  • More Data, More Privacy Concerns
  • The Double-Edged Sword of Cybersecurity
  • The Talent Gap

At the end of the day, AI, like all technology, is resolutely human. But that doesn’t mean it can’t improve society. If we seize the AI opportunity thoughtfully — with humanity, ethics, education, testing, and due diligence across organizations and functionalities — perhaps we can, as Michael Campos, research scientist and director of IP at NetraDyne Inc., suggests, “make systems that are a little better than we are.”

Aaron Tantleff and Jeffrey Gunderson, contributed to this post.

© 2022 Foley & Lardner LLPNational Law Review, Volume IX, Number 100
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About this Author

Paul Hunter, Foley Lardner, intellectual property lawyer, patent attorney
Partner

Paul Hunter is a partner and intellectual property lawyer with Foley & Lardner LLP and vice chair of the firm's Electronics Practice. Mr. Hunter focuses on helping companies identify and maximize the value of their intellectual property assets. He regularly provides patent audits to assess and improve the value of a company’s IP. He also aids companies in defending against allegations of patent infringement, such as dealing with patent enforcement companies (sometimes referred to as "patent trolls").

Mr. Hunter’s client counseling includes...

858-847-6733
Shabbi Khan, Technology Attorney, Foley Law Firm
Senior Counsel

Shabbi S. Khan is an associate and intellectual property lawyer with Foley & Lardner LLP. Mr. Khan has significant experience in building IP portfolios for clients across a diverse range of technologies, including telecommunications, computer software applications, medical devices, social media, business methods and practices, amongst others. He is a member of the Electronics Practice and the Technology Industry Team.

617.502.3291
John D. Lanza, Foley Lardner, Intellectual Property Lawyer, Technology Industry Attorney
Partner

John Lanza is a partner and intellectual property lawyer with Foley & Lardner LLP where he excels at helping companies identify and maximize the corporate value of their intellectual property assets. He provides strategic advice to his clients regarding the acquisition, transfer and enforcement of intellectual property rights and counsels them regarding their business operations in the face of adverse intellectual property rights. Mr. Lanza is a member of the firm’s Electronics Practice and the Technology Industry Team. 

617-342-4084
Richard McKenna, Foley Lardner, Patent Lawyer
Partner

Richard J. McKenna is an intellectual property lawyer with over 25 years of experience assisting clients in a broad range of intellectual property matters. Mr. McKenna has extensive experience counseling clients in the selection, adoption, use and enforcement of trademarks. His experience is focused on trademark selection and registration, enforcement, advertising review, and protection of trade dress and licensing of these assets. Mr. McKenna has also represented several clients in domain name disputes. 

414-297-5723
Steven Millendorf, Technology Attorney, Foley and Lardner Law Firm
Associate

Steven Millendorf is an associate and intellectual property lawyer with Foley & Lardner LLP. He has experience drafting, reviewing and revising technology agreements, including protections for privacy and data security. Mr. Millendorf regularly tracks changes to state breach notification laws and revises Foley’s nationally published state data breach notification database. He also has experience in defending electronics and telecommunications clients in IP litigation matters. Mr. Millendorf is a member of the firm’s Technology Transactions & Outsourcing,...

858-847-6737
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