Federal Trade Commission Chair Lina Khan said her agency is trying to better understand how artificial intelligence tools impact fair and open competition or enable unfair business practices across industries. Photo: Al Drago/Bloomberg Artists Beg FTC to Intervene Against Existential Threat of Generative AI
"This is our life's work. We pour our heart and souls into our books," said Douglas Preston, who has written 32 books that have been New York Times bestsellers.
October 05, 2023 at 07:42 AM
6 minute read
Generative artificial intelligence is emerging as an insatiable monster devouring the works of the creative industry without conscience or regard for copyright law.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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