The Future of AI & the Law: Risks, Opportunities and Challenges

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Breakthrough innovations in artificial intelligence (AI) are poised to change society, commerce and every profession.

This conference will examine how AI will affect the law and the legal profession. Leading experts, professors, scientists, regulators, and lawyers will consider how AI will affect and shape our future. 

With generative AI, large language models becoming proto-artificial general intelligence, AI programming other AI, and more advances, we are entering a new AI era. 

How will this new era impact the legal profession? Can synthetic intelligence replace judges and  lawyers? How will social justice be served or shaped? Can the court system be augmented by AI? What new AI ethics or policies should we consider? 

RSVP to attend by clicking here.

Date & Time: Wednesday, September 13, 2023, 9am-4pm

Location: Rosenthal Pavilion at NYU Kimmel Center, 60 Washington Square South, New York, NY 1001

This event has been approved for five New York State CLE credits in the category of Areas of Professional Practice. The credit is both transitional and non-transitional; it is appropriate for both experienced and newly admitted attorneys.

9:00am-9:30am - Breakfast and Welcome Introduction by Beverly Martin

9:30am-10:15am - Keynote Address by Dr. James Canton

10:30am-12:00pm - Panel One: 

The AI Era: Implications for Technology, Law, Business and Society. 

This panel will explore the broad implications of what and how the AI Era is emerging and the impact on the law profession. We will consider current and possibly future innovations, examples and cases.   

Moderator: Dr. James Canton (CEO and Chairman, Institute for Global Futures)

Panelists: Anasse Bari (Professor and Head of the Predictive Analytics and AI Lab, NYU Courant Institute of Mathematics); Vasant Dhar (Professor, NYU Stern School of Business and The Center for Data Science); Yann LeCun (Chief AI Scientist, Meta; Silver Professor, Courant Institute); Andrew Miller (Director, Private Law Clinic at Yale Law School; Lecturer, Fellow, and Research Scholar, Yale Law School)

12:00pm-12:45pm - Lunch

12:45pm - 2:15pm - Panel Two: 

Shaping the AI Regulatory and Enforcement Landscape: The Regulators Speak

From new laws and enforcement actions to proposals to establish global agencies focused on generative AI, the regulatory landscape around AI is evolving at breakneck speed. As the corporate race to adopt AI also accelerates, these emerging laws and regulations will be critical in shaping the standards and obligations applicable to private companies, as well as how risks and liabilities are allocated among companies across the AI “supply chain.

In this panel, we have convened a preeminent group of U.S. and EU regulators – including from the Department of Justice, Consumer Financial Protection Bureau, Colorado Division of Insurance, and European Parliament – who are currently at the forefront of efforts to create new AI regulations or enforce existing laws to AI technologies. These regulators will discuss their policy vision and priorities, as well as steps that companies can take now to prepare for the emerging compliance and enforcement landscape around AI.

Moderator: Anna Gressel (Counsel, Paul Weiss)

Panelists: Michael Conway (Colorado Commissioner of Insurance); Erie Meyer (Chief Technologist, Consumer Financial Protection Bureau); Johnathan Smith (Deputy Assistant Attorney General - Civil Rights Division, United States Department of Justice); Kai Zenner (Head of Office and Digital Policy Advisor, Office of Axel Voss Member of European Parliament); Neema Guliani (Deputy Assistant Secretary for Services, United States Department of Commerce)

2:30pm - 4:00pm - Panel Two: 

AI in Financial Services: Cementing Industry Gains Through Governance and Guardrails

Few industries have benefitted as much from the development and deployment of AI as the financial sector. Rich in data, financial institutions have leveraged AI to uncover patterns and insights, drive efficiencies, manage risk and fraud, and even serve as a lever towards financial inclusion. Additionally, financial institution partnerships with FinTechs, InsurTechs and cloud providers have helped drive increased adoption of advanced analytics and generative AI tools. Yet, the stakes of leveraging emerging technologies – particularly generative AI – remain high for financial institutions, as regulators have cautioned firms about the risks of AI with respect to unfair bias, transparency, accountability, third-party risk, and conflicts of interest.

Against this backdrop, financial institutions must not only manage risks associated with AI-based products and services, but also consider how to integrate AI into the firm’s governance, compliance, and third-party risk management frameworks. During this panel, we will discuss lessons learned on creating effective internal AI policies and procedures, as well as strategies to mitigate risks in AI procurement and drive effective industry partnerships. Our panel will also discuss how to proactively engage with regulators concerning potential policy changes or examinations into AI and digital technologies.

Moderator: Katherine B. Forrest (Partner, Paul Weiss) 

Panelists: Konrad Alt (Partner, Klaros Group); Jonathan Ashtor (Partner, Paul Weiss); Christina Miller (General Counsel, Tenet Energy, Inc.); David Mordecai (President, Risk Economics, Inc. and Co-Managing Member, Numerati Partners LLC); Charles Platt (CEO, Cartiga)

This event has been approved for five New York State CLE credits in the category of Areas of Professional Practice. The credit is both transitional and non-transitional; it is appropriate for both experienced and newly admitted attorneys. You can access CLE written materials here.

RSVP to attend by clicking here.