5 IP Protections for AI Contracts

Data security and computer server network safety with a protection symbol of a lock with a keyhole

Speaker: Robert J. Scott
Date: March 4, 2020
Time: 11:00 am – 12:00 pm Central

Artificial intelligence (“AI”) is reshaping the business of IT from the farms to the trading desks on Wall Street. Gartner reports that the number of enterprises implementing AI grew 270 percent from 2015-2019. Higher wage costs are driving businesses to increase capital spending to improve efficiency in the competitive global economy and companies have access to investment capital following the 2017 tax legislation. Another long-term motivation is demographic in nature. The developed world has a unique challenge, with many countries facing labor shortfalls. By 2050, the U.S. alone will likely face an 18-million worker shortfall.

Like all transformative technologies, AI presents unique challenges not present in IT contracting for traditional software and professional services, poses significant IP risks for vendors and consumers of AI based technologies, and creates significant regulatory compliance issues with event the most simple artificial intelligence projects. Join Robert Scott as he discusses how to protect client intellectual property in AI contracts. Participants will learn:

• Unique legal challenges presented by AI
• Important definitions to include in AI contracts
• Recommended legal responses to IP risks in AI contracts
• Regulatory Risks associated with AI