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Articles by James McPhillips
White House Announces Plan To Boost AI Research And Deployment
TAKEAWAYS On May 23, the White House revealed three new steps advancing the research, development and deployment of AI technology nationwide. The Biden Administration has updated the National Artificial Intelligence R&D Plan for the first time since 2019 with a new emphasis on international collaboration and reaffirming the need to address the ethical implications and safety of AI.
White House Announces Plan to Boost AI Research and Deployment | JD Supra
TAKEAWAYS On May 23, the White House revealed three new steps advancing the research, development and deployment of AI technology nationwide. The Biden Administration has updated the National Artificial Intelligence R&D Plan for the first time since 2019 with a new emphasis on international collaboration and reaffirming the need to address the ethical implications and safety of AI.
Congress Contemplates Creating A New Federal AI Regulatory Agency
TAKEAWAYS At a May 16 hearing of the Senate Judiciary Subcommittee on Privacy, Technology and the Law, members of Congress openly supported creating a new federal agency dedicated to the monitoring and licensing of artificial intelligence. The positions echo testimony of Sam Altman (CEO of OpenAI—creator of ChatGPT), who discussed ways for an agency to issue licensing requirements for AI program.
Regulated Industries and AI Systems | JD Supra
Innovation has historically been driven by companies in regulated industries—e.g., financial services and health care—and some of the most intriguing use cases for generative AI systems will likely transform these industries. At the same time, regulatory scrutiny could significantly hamper AI adoption, despite the current absence of explicit regulations against the use of AI systems.
Earning Your Trust: The Need for “Explainability” in AI Systems | JD Supra
AI systems seem like an exciting, effective new tool. But, as we have seen with Google’s recent struggles with accuracy, and Microsoft’s trouble with sentient, unhinged chat bots, not all of the kinks have been worked out with these tools. In our last post, we discussed the legal risks, and related contractual mitigants for entering into agreements with AI vendors, but perhaps a more pressing question is whether one can trust AI systems in the first place.
Artificial Intelligence Systems and Risks in Commercial Contracting | JD Supra
Though the use of artificial intelligence has grown steadily during the past decade, the recent release of OpenAI’s generative AI system, ChatGPT, has led to a precipitous increase in attention and publicity accompanying the rise of powerful generative AI systems. With these generative AI systems come mounting issues and concerns around the use of AI systems by technology service providers. What is an AI system?
The Legal Risks of AI Systems in Technology Services | JD Supra
In our previous post, we provided an introduction to the budding new technology of generative AI, or AI systems. As with the implementation of any new technology, widespread understanding of the risks generally lags behind the speed of the technology itself. When the technology industry began its push “to the cloud,” many customers were concerned about certain issues, including but not limited to giving up control of data, security risks, and performance issues.
U.S. Department of the Treasury Confronts the Risks to the Financial Sector Associated with Cloud Computing | JD Supra Original
On February 8, 2023, the U.S. Department of the Treasury released a report citing its “findings on the current state of cloud adoption in the sector, including potential benefits and challenges associated with increased adoption.” Treasury acknowledged that cloud adoption is an “important component” of a financial institution’s overall technology and business strategy, but also warned the industry about the harm a technical breakdown or cyberattack could have on the public given financial...
Smart Building and Smarter Protocols: Mitigating IoT Cybersecurity Risks in Commercial Real Estate
From our homes to our workplaces, the deployment of smart technology is becoming increasingly prevalent. The Wall Street Journal notes that smart-building-related companies raised $2.88 billion in venture capital in 2021. In previous posts, we’ve discussed the increased use of smart technology in commercial real estate, the importance of a thorough and rigorous research and evaluation process, and various factors to consider in contracts for smart technology.
Head in the Clouds: Optimizing Your Multicloud Strategy
Modern cloud computing only came into existence about 20 years ago, but now virtually all enterprises (99%) are using cloud services. Cloud adoption accelerated further in the last two years because of the COVID pandemic as a result of an increase in remote work, the evolution of online business strategies (e.g., e-commerce), and the focus on business resilience.
Head in the Clouds: Optimizing Your Multicloud Strategy | JD Supra
[co-author: S. Michelle Ki] Modern cloud computing only came into existence about 20 years ago, but now virtually all enterprises (99%) are using cloud services. Cloud adoption accelerated further in the last two years because of the COVID pandemic as a result of an increase in remote work, the evolution of online business strategies (e.g., e-commerce), and the focus on business resilience.
Artificial Intelligence and Regulatory Compliance | JD Supra
Regulators at the state and federal level are increasing their scrutiny of businesses’ use of artificial intelligence (AI). For example, recently, representatives from the Office of the Comptroller of the Currency and the New York State Department of Financial Services discussed the need for developing additional AI guidance.
Smart Construction and the Future of the Construction Industry | JD Supra
[co-author: Derrick Anderson] “Smart Construction” is a loose term but generally refers to the development and use of processes and applications that improve construction planning and the management of projects (thereby potentially streamlining costs of construction).
Data Analytics and Proptech | JD Supra
The commercial real estate industry is increasingly adopting proptech to unearth savings and business insights. But companies need to be careful. Security and privacy are two foundational components of a successful data analytics initiative. Ensuring the information is stored securely while adhering to the complex framework of privacy laws will be instrumental to a real estate organization’s success with data. Why?
Taking Care of the Data in Proptech | JD Supra
The commercial real estate industry is increasingly adopting proptech to unearth savings and business insights. But companies need to be careful. Security and privacy are two foundational components of a successful data analytics initiative. Ensuring the information is stored securely while adhering to the complex framework of privacy laws will be instrumental to a real estate organization’s success with data. Why?
For Smart Home Technology, the Contract Is Key | JD Supra
In our previous post we discussed the importance of conducting a thorough due diligence and procurement process with smart technology providers. Next up? The contract. The price of a procured product is always important, but equally important are other contractual terms that reflect the commercial agreement. Ultimately, the contract should answer the fundamental question of “What are you buying?” The product itself is not the only feature being purchased.
For Smart Home Technology, the Contract Is Key
by James W. McPhillips and Rachel Newell In our previous post we discussed the importance of conducting a thorough due diligence and procurement process with smart technology providers. Next up? The contract. The price of a procured product is always important, but equally important are other contractual terms that reflect the commercial agreement. Ultimately, the contract should answer the fundamental question of “What are you buying?” The product itself is not the only feature being purchased.
Smart Home Technology and Commercial Real Estate
We spend plenty of time on Internet & Social Media Law exploring the potential legal, regulatory, ethical and just plain common sense ramifications of new technology, but we also strive to point out practical applications of these same technologies as they gain traction in different industries. Over on our Gravel2Gavel Real Estate and Construction blog, colleagues James W.
Evaluating Smart Home Technology: It’s About More Than the Bottom Line | JD Supra
Outfitting a commercial real estate space with smart technology can be a significant . While the long-term benefits and strategic improvements we’ve discussed previously can make that investment worthwhile, the evaluation period is critical to ensure an impactful ROI. Property developers, owners, and managers should undertake a rigorous evaluation process to ensure the technology procurement aligns with the project’s overall financial plan. And this is not just about getting the cost right.
Evaluating Smart Home Technology: It’s About More Than the Bottom Line
By James W. McPhillips and Rachel Newell Outfitting a commercial real estate space with smart technology can be a significant . While the long-term benefits and strategic improvements we’ve discussed previously can make that investment worthwhile, the evaluation period is critical to ensure an impactful ROI. Property developers, owners, and managers should undertake a rigorous evaluation process to ensure the technology procurement aligns with the project’s overall financial plan.
Smart Technology in Commercial Real Estate | JD Supra
“Hey Siri…” “Alexa…” “Okay Google…” These are just some of the buzzwords and phrases that have entered day-to-day vocabulary as a result of the explosion of smart technology. Internet of Things (IoT) devices are in our cars, in our workplaces and on our bodies. But nowhere is smart technology more prevalent than in our homes.
Smart Technology in Commercial Real Estate
By James W. McPhillips and Rachel Newell “Hey Siri…” “Alexa…” “Okay Google…” These are just some of the buzzwords and phrases that have entered day-to-day vocabulary as a result of the explosion of smart technology. Internet of Things (IoT) devices are in our cars, in our workplaces and on our bodies. But nowhere is smart technology more prevalent than in our homes.
Olympian takes plunge into her own fitness studio
Felicity Galvez: helping people get fit is just like winning gold. Photos: Supplied. Former Olympic gold-medal winning swimmer Felicity Galvez knows what it’s like to push her body to the limit. She also knows how the training grind can take its toll. A fun, encouraging and positive environment is how she describes her new bespoke fitness studio in Watson, appropriately named Galvanised Fitness.
Canberra Business Architecture Guild Community launch good news for local practitioners, business and government
Five or ten years ago, terms like ‘business architect’ and ‘business architecture’ left even the most informed C-level executives scratching their heads. But as organisations aim to modernise and thrive in the digital era, the need for complex organisations to transform and adapt has paved the way for business architecture to emerge as a practical, effective solution for navigating change.
The science (and art) of business architecture, and why government needs it
Let’s face it. Enterprise architecture’s sister discipline, business architecture, has a ‘hit and miss’ reputation in this town. Why? Because it’s often not user-friendly enough to be quickly absorbed and understood by the business. This is especially true in government, where outputs are rarely measured in terms of return on investment and profit and loss. It generally plays out like this: architects start modelling away, engaging with stakeholders and capturing data.
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