The former CEO of failed AI marketing start-up Metigy has been charged with providing false statements to investors and misusing his position as a director following an investigation by the corporate regulator.
The corporate regulator has warned financial services and credit licensees to get ahead of the curve in regulating the use of AI, particularly in the face of novel risks that include algorithm bias.
Lawyers are increasingly eager to adopt AI in their practice, but the billable hours poses challenges to its adoption in law firms, according to a new report.
A court has given “little weight” to submissions by a migration lawyer who used ChatGPT to generate notes on sections of the Migration Act, saying free AI tools are not of any “persuasive importance”.
The OAIC will not investigate Clearview AI further after finding in 2021 that the US-based facial recognition software company breached privacy rules by scraping facial images from the web, but the regulator promised to weigh in soon on when the use of personal information to train AI could run afoul of privacy laws.
The director of a Perth law firm fired a legal assistant by a text message that was generated with ChatGPT, the Fair Work Commission has found.
The top judge of the NSW Supreme Court has issued a warning over the use of artificial intelligence by practitioners, saying the technology may “encourage or feed laziness in research and analysis”.
Lawyers are in no immediate danger of losing their jobs to AI, according to a leading law firm, which has found that asking large language models legal questions you don’t already know the answers to is risky business.
The Chief Justice of the NSW Supreme Court has expressed concerns about a “slide in public respect” for institutions such as the court and the creeping phenomenon of “truth decay”.
The Supreme Court of Victoria has issued ground rules for deploying artificial intelligence in litigation, urging litigants to exercise “particular caution” when using ChatGPT and other generative AI tools to draft affidavits and witness statements.