On July 12, 2024, the European Union’s long-awaited Artificial Intelligence Act (AI Act) was finally published. It will enter into force on the twentieth day following its publication; i.e., on August 1, 2024. The AI Act is a landmark legal framework that imposes obligations on both private and public sector actors that develop, import, distribute, […]
Artificial Intelligence
EU Artificial Intelligence Act Signed Into Law
Today, the EU Artificial Intelligence Act (‘AI Act’) was signed into law. The AI Act will impose obligations on both private and public sector actors which provide, import, distribute, or deploy in-scope AI systems. It also contains obligations which apply in connection with general-purpose AI models. The AI Act has explicit extra-territorial effect, which means […]
Tennessee Law Designed to Combat Deepfakes Set to Take Effect in July
On July 1, 2024, the Tennessee Ensuring Likeness, Voice, and Image Security Act of 2024 (“ELVIS Act” or “the Act”) will go into effect, bolstering the limitations on the unauthorized commercial use of an individual’s voice. The Act, which amends the Tennessee Personal Rights Protection Act of 1984, was enacted in response to the growing […]
European Parliament Approves EU Artificial Intelligence Act
On March 13, 2024, the European Parliament approved the much-anticipated EU Artificial Intelligence Act (‘AI Act’). The AI Act is billed as the first comprehensive legal framework worldwide that specifically regulates AI systems. It will impose obligations on both private and public sector actors which develop, import, distribute, or use in-scope AI systems. Like the […]
NYDFS Releases Circular Letter on Use of AI in Insurance Underwriting and Pricing
On January 17, 2024, the New York State Department of Financial Services (“NYDFS”) issued a proposed circular letter for comment regarding the “Use of Artificial Intelligence Systems and External Consumer Data and Information Sources in Insurance Underwriting and Pricing” (the “Circular Letter”). The Circular Letter details NYDFS’ expectations and guidelines for the use of artificial […]