Gen AI Makes Legal Action Cheap — and Companies Need to Prepare

  • 📰 HarvardBiz
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Traditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal action, at the same time that a turbulent geopolitical environment increases legal exposure.

Future legal risks will be legal fishing expeditions akin to internet “phishing” attacks: less personal, mass-produced actions initiated by many actors. When coordinated, they’ll be much more like distributed denial of service attacks, which involves overwhelming a target with a flood of traffic to knock it offline. To prepare for this new reality companies need to take a page out of cybersecurity readiness.

Last year, in order to enhance tax compliance, the U.S. Treasury Department proposed a rule designed to increase cryptocurrency disclosures. The crypto industry thought the obligations were too broad and pushed back hard — with the support of an unconventional ally.is co-founder of Hence Technologies, which builds AI software to manage geopolitical risk and legal risk. He was previously an executive at Palantir Technologies.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 310. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gen AI Makes Legal Action Cheap — and Companies Need to PrepareTraditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal action, at the same time that a turbulent geopolitical environment increases legal exposure.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Gen AI Makes Legal Action Cheap — and Companies Need to PrepareTraditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal action, at the same time that a turbulent geopolitical environment increases legal exposure.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Gen AI Makes Legal Action Cheap — and Companies Need to PrepareTraditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal action, at the same time that a turbulent geopolitical environment increases legal exposure.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Gen AI Makes Legal Action Cheap — and Companies Need to PrepareTraditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal action, at the same time that a turbulent geopolitical environment increases legal exposure.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Gen AI Makes Legal Action Cheap — and Companies Need to PrepareTraditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal action, at the same time that a turbulent geopolitical environment increases legal exposure.
Source: HarvardBiz - 🏆 310. / 63 Read more »

Gen AI Makes Legal Action Cheap — and Companies Need to PrepareTraditionally, legal actions have been time consuming, expensive, and distracting. Generative AI makes it easier — and cheaper — for customers, employees, competitors, and regulators to take legal action, at the same time that a turbulent geopolitical environment increases legal exposure.
Source: HarvardBiz - 🏆 310. / 63 Read more »