The European Union (EU) is taking bold steps to regulate AI. As it finalizes the new AI Act, the EU has opened a consultation period (here), inviting feedback from industry

EU Invites Public Input on AI Regulations: What Could Be Banned and Why It Matters

Brief overview of Elon Musk’s predictionElon Musk, CEO of Tesla and SpaceX, envisions a future where artificial intelligence (AI) renders paid work obsolete. He predicts that advances in AI will

Musk foresees AI bringing end to work

Artificial Intelligence (AI) is rapidly becoming a cornerstone of our financial systems. Its potential to streamline operations, enhance decision-making, and improve customer experiences is undeniable. However, with these advancements come

The Rising Tide of AI and Financial Stability Risks

Introduction: Setting the StageIn the rapidly evolving world of artificial intelligence (AI), Europe has taken a bold step forward. In an unprecedented move, the European Union (EU) Parliament approved the

Europe’s AI Regulation: A Bold New Era

At first glance, technology and the legal field may seem like two completely separate fields. The legal profession has its roots in human judgment and precedent-based decision-making, while the tech

Unraveling the Potential of AI in Law

Artificial intelligence (AI) has come a long way since its inception, and its integration into our daily lives is now more pronounced than ever before. It has become a crucial

The Imperative of AI Regulation: Establishing Guardrails for Growth