Summary
This publication is a guide that discusses the evolving landscape of technology and legal regulations impacting data management and artificial intelligence (AI) in corporate settings. It outlines the challenges companies face due to rapidly changing state-level laws and international regulations, particularly concerning data transfers and transactions. The guide emphasizes the importance of companies reassessing their commercial agreements to address these challenges effectively. It details how AI can enhance the value of data assets while also introducing new risks related to privacy, cybersecurity, and intellectual property. The publication suggests that companies should evaluate their existing agreements regarding AI and consider necessary updates to data protection provisions. It also highlights the potential for visual contracts to simplify complex agreements and the exploration of AI-generated virtual contracts. Staying informed about privacy and cybersecurity obligations is crucial for companies to navigate the legal landscape and maximize their data value.
