Corporate AI Legal Policies Race to Keep Up With Technology (1)

Aug. 28, 2023, 9:00 AM UTCUpdated: Aug. 31, 2023, 5:29 PM UTC

When ChatGPT burst onto the scene last year, in-house lawyers had to scramble to figure out how to govern the use of new generative AI tools, and decide who would take charge of those decisions.

Topping their concerns: protecting confidential business and customer data, and establishing human backstops to safeguard against the technology’s propensity to “hallucinate,” or spit out wrong information.

Artificial intelligence isn’t new. But generative AI—tools trained on oceans of content to produce original text—created ripples of panic among legal departments when ChatGPT debuted, because its full legal implications were both far-reaching and not entirely ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.