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Business Lunch: "Artificial Intelligence" Under the Auspices of VII St Petersburg International Legal Forum Insight Baker McKenzie

#artificialintelligence

This now-famous phrase, spoken in 2014 by Jamie Dimon, executive director of JP Morgan, was a warning about the expansion of new technologies and their rapid penetration into traditional business. Artificial intelligence is already used in numerous sectors: driverless cars; autonomous machines that perform complex financial transactions; computers using behavioural data analysis and advanced facial recognition to combat terrorism; the analysis of legal documents; etc. As artificial intelligence is used in more areas of human activity, the legal and regulatory questions surrounding this topic become more complicated. Regulators have always struggled to keep pace with the ultra-fast changes in technology, and artificial intelligence is no exception. New artificial intelligence applications give rise to legal challenges, for example liability in accidents involving driverless cars.