DOJ Files Antitrust Lawsuit Against RealPage Over AI Pricing Algorithms
The Department of Justice, in collaboration with eight state attorneys general, has filed a civil antitrust lawsuit against RealPage Inc. for allegedly using its AI-driven pricing algorithms to facilitate collusion among landlords, leading to inflated rental prices and potential violations of the Sherman Act.
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Latest AI legal news
UK Regulators Embrace Principles-Based Approach to AI in Financial Services
The Prudential Regulation Authority and Financial Conduct Authority are leading efforts to regulate AI in the UK financial sector, focusing on balancing innovation with stability while addressing accountability, model risk management, and the evolving regulatory landscape amidst increasing AI applications.
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OpenAI’s Whisper Tool Raises Legal Concerns Over Inaccurate Medical Transcriptions
OpenAI’s Whisper voice-to-text tool has generated significant legal concerns in healthcare due to its high rate of inaccuracies, prompting calls for federal regulations to ensure patient safety and compliance with privacy laws.
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California Advances Comprehensive AI Regulations Amid Legislative Challenges
California’s 2023 legislative session resulted in the passage of 18 significant AI-related bills addressing issues such as AI accountability, deepfake prohibition, and AI literacy, while also highlighting the complexities of regulating emerging technologies in the absence of federal standards.
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SAGE Framework Enhances AI Compliance and Governance
The SAGE framework provides a structured approach for AI developers and deployers to navigate complex regulatory requirements, including the EU AI Act and NIST AI Risk Management Framework, by atomizing obligations and ensuring consistency across jurisdictions to mitigate legal risks and foster public trust.
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Latest AI legal news
Artists File Class Action Lawsuit Against AI Companies Over Copyright Infringement
Visual artists Sarah Andersen, Kelly McKernan, and Karla Ortiz have initiated a class action lawsuit against several AI companies, alleging copyright infringement for using their artwork in training datasets, with significant legal implications hinging on the Ninth Circuit’s interpretation of DMCA CMI claims.
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Open Source Initiative Introduces Definition for Open Source AI Systems
The Open Source Initiative has launched the Open Source AI Definition to establish criteria for identifying genuinely open-source AI systems, addressing challenges related to training data and influencing future legislative and regulatory frameworks in the U.S. and beyond.
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AI Integration in Legal Profession Enhances Fairness and Accountability
The integration of AI tools in the legal profession is transforming decision-making processes by addressing biases, improving accountability, and fostering public confidence in the justice system, while also presenting challenges related to bias monitoring and the emergence of technology-based service providers.
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International Standard Established for Trustworthy AI Systems
Governments and organizations are urged to adopt a synthetic measurement framework and adhere to OECD AI Principles to ensure accountability, transparency, and ethical standards in the development and deployment of AI technologies.
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Latest AI legal news
DG Connect to Highlight EU AI Act and Digital Identity Wallet at Web Summit 2024
DG Connect and HaDEA will discuss EU digital policies, funding opportunities, and regulatory frameworks, including the EU AI Act and the Digital Identity Wallet, at Web Summit 2024, aiming to foster innovation and compliance in the digital ecosystem.
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National Security Memorandum Advances AI Governance in U.S.
The White House’s National Security Memorandum issued on October 24th establishes a comprehensive framework for the safe and responsible development of artificial intelligence, emphasizing its implications for national security, human rights, and international collaboration while designating the U.S. AI Safety Institute as the primary authority for AI governance.
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