Frances Green, left, and Karen Mandelbaum, right, of Epstein Becker Green. Courtesy photos The Challenge of AI Governance: The Blessing and the Curse of Safeguarding Personal Data
"Organizations must strike a balance by harnessing the benefits of AI while remaining vigilant against employee complacency and the exploitation of automated systems," write Frances M. Green and Karen Mandelbaum.
October 02, 2024 at 02:00 PM
13 minute read
Artificial Intelligence
In the contemporary digital landscape, artificial intelligence (AI) can serve as both a guardian and a threat to personal data. AI technology holds the promise of enhanced security and efficiency. The proliferation of generative AI presents unique challenges that can compromise sensitive personal information. Not surprisingly, the McKinsey Technology Trends Outlook of July 2024 named generative AI at the top of 15 notable trends—with a spike of almost 700% in Google searches from 2022 to 2023, with applied AI and industrialized machine learning also named—but digital trust and cybersecurity is not far behind. This article explores the double-edged sword, the blessing and the curse, so common to the use of AI, in the context of personal data: 1) cybersecurity and the ransomware threat; 2) how AI can safeguard personal data, with innovative solutions that improve data protection; 3) AI and interoperability; 4) the risks, challenges, and positives associated with AI in protecting personal data; and finally, 5) the importance of creating a culture that understands these risks while exploring ways to mitigate them.
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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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