FG Solicitors
Examining the risks of groundbreaking technology
The rise of artificial intelligence (AI) has led to groundbreaking technological advancements and business opportunities. But before implementing and utilising AI technology, it is vital for businesses to be informed on the potential legal risks. As experts in business-related law, FG Solicitors is
keen to help people stay abreast of changes to legislation regarding AI usage. AI technology is continually advancing, and new laws and regulations are quick to follow. T erefore, FG Solicitors believed it would be highly benefi cial to educate business leaders looking to implement AI into their workfl ow. As part of its new Business Solutions Series, FG
Solicitors ran an exclusive event in October entitled T e Problem with AI. T e seminar discussed many of the legal ramifi cations that come with utilising AI software in a business capacity, and explored how business leaders can do their due diligence and protect their business.
The well-attended seminar took place at Delapré
Abbey, where Floyd Graham, Managing Principal & Head of Corporate, Commercial and Employment Services at FG Solicitors, led the event and examined the risks for businesses when utilising generative AI technology, such as ChatGPT, Midjourney and Microsoft CoPilot. Floyd emphasised to attendees: “Whilst AI can be
a benefi cial tool to save businesses time and money, it also creates challenges for the unwary and can result in unexpected legal issues, increased costs and reputational damage.” Floyd outlined how generative AI models are trained and their propensity for bias and inaccuracy. AI systems also cannot guarantee confi dentiality, and there is the risk of sensitive information being leaked or used to train an AI model without consent. As a solution to this, Floyd suggested having all AI output
undergo human review, and provided useful insight on the safeguards people can implement to ensure businesses are abiding by the General Data Protection Regulation (GDPR) and Data Protection Act (DPA).
ALL THINGS BUSINESS | 50
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