Artificial Intelligence (AI) is everywhere and is powering chatbots, approving loans, diagnosing illnesses, and even making hiring recommendations. These systems promise efficiency and accuracy, but what happens when AI gets it wrong? From wrongful arrests due to faulty facial recognition, to biased hiring decisions, to misdiagnoses in healthcare, AI errors…
Articles Posted in Business Law
Bias in AI: How Discrimination Laws Apply to Algorithms
Artificial Intelligence (AI) is transforming industries from finance to hiring and healthcare to law enforcement. Algorithms now help decide who gets loans, jobs, parole, and medical treatment. But while AI promises efficiency and objectivity, it can also replicate or even amplify existing biases hidden in the data it’s trained on to utilize.…
Navigating AI Laws: Valuable Information For Tech Startups, E-Commerce Platforms, and Search Engines
Artificial intelligence (AI) is transforming everything from product recommendations to customer service, search engine optimization, fraud detection, and beyond. However, with great power comes a rising wave of regulatory scrutiny. As lawmakers in the United States and abroad grapple with the risks of AI — from bias to privacy violations…
Case Analysis: Boone, et al. v. Snap, Inc.
Boone, et al. v. Snap, Inc. is a significant case concerning biometric privacy and the application of the Biometric Information Privacy Act (BIPA) to social media platforms. The lawsuit alleges that Snap, Inc., which is the parent company of Snapchat, unlawfully collected, stored, and used biometric data without obtaining user…
Artificial Intelligence Companies: Product Liability, Privacy Violations, Security Failures
An artificial intelligence (AI) company can be sued for product liability, privacy violations, or security failures under various legal theories. However, the viability of a lawsuit depends on the specific circumstances of the case, including the nature of the AI system, how it was used, and whether any damages resulted…
What are the Current E-commerce Regulations for Online Businesses?
It is a well-known fact that operating an online business necessitates adherence to a complex array of state, federal, and international regulations. Below is an overview of key regulatory areas to consider: 1. State Regulations California: California Consumer Privacy Act (CCPA): This act grants California residents rights concerning their personal…
What Are the Rules and Regulations for Creating a Digital Currency?
Creating a digital currency involves complying with a complex framework of state and federal regulations, including, but not limited to, the securities laws, anti-money laundering (“AML”) rules, and financial licensing requirements. Here’s an overview of the key legal considerations: 1. Federal Regulations for Creating a Digital Currency For your information,…
Startup Company Best Practices for Protecting Intellectual Property and Trade Secrets
For startups, intellectual property (IP) and trade secrets are often among the most valuable assets. Protecting these assets is crucial for maintaining a competitive edge and ensuring long-term success. However, startups face unique challenges in safeguarding their IP and trade secrets due to limited resources and the fast-paced nature of…
When Can Nonprofit Corporation’s Members Hold Special Meetings?
In the State of California, the rules for calling special meetings of members or shareholders of a nonprofit corporation are generally governed by the California Corporations Code. Here are the key points: Nonprofit Public Benefit Corporations – Who Can Call a Special Meeting: Special meetings of members can be called…
Can a Corporation’s Suspended Members Hold a Special Meeting to Oust a President?
In California, the ability of suspended members of a corporation to hold a special meeting to oust a president depends on several factors, including the corporation’s bylaws, type of corporation (e.g., nonprofit, for-profit), and reasons for the suspension. Corporate Bylaws: The bylaws of the corporation typically outline the procedures for…