Leveraging artificial intelligence can take companies’ compliance efforts to new heights, but lawyers warn frameworks are needed to understand how the AI’s decision-making correlates to the public’s and regulators’ concerns.
“The potential for AI technology is quite significant and the ability of the technology to make decisions, make recommendations, predictions or take actions is really revolutionizing a lot of sectors, but at the same time it presents questions about ethics,” said Davis Wright Tremaine partner K.C. Halm.
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