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EU and US agree to chart common course on AI regulation

CIO

Despite industry calls for AI regulations in the US from industry heavyweights such as Google, Microsoft and OpenAI, partisan splits in Congress make it unlikely that agreement will be reached before fresh Congressional elections in November.

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CIOs in financial services embrace gen AI — but with caution

CIO

Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re. We’ve started an ethical AI committee that consists of the legal, compliance, technology, and cybersecurity teams,” says Cugini. We put policies in place along with legal on the use of AI including use cases,” says Cugini.

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CIOs confront generative AI’s workplace X factor

CIO

The makings of a close partnership Even as industry luminaries call for caution on AI, most corporate giants, including Goldman Sachs, Fidelity Investments, Procter & Gamble, American Express, Gilead Sciences, and many others, have gone public about developing and deploying LLMs internally to boost productivity and innovation.

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Geopolitical risks could present new opportunities for CIOs: Gartner

CIO

The research firm defines geopolitics as the geographic influence on power relationships in international relations. Some of the key focus areas for CIOs, according to Gartner, are digital sovereignty, helping build a local technology industry, running a risk center and provide understanding of cyberspace in different nations.

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When your AI chatbots mess up

CIO

Last spring, a judge sanctioned a law firm for citing judicial opinions with fake quotes and citations in a legal brief that a chatbot had drafted. The firm admitted that it “failed to believe that a piece of technology could be making up cases out of whole cloth.”

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The 4 most overhyped technologies in IT

CIO

With that in mind, we asked tech leaders in various roles and industries to list what technologies they think are overhyped and to put a more realistic spin on each one’s potential. He says generative AI’s “potential is great; it will transform many industries. Here’s what they say on the topic.

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Reed Smith turns to AI for lawyer staffing solution

CIO

AI is increasingly being embraced for workplace enhancements across every industry — and that includes the legal world. Pittsburgh-based global law firm Reed Smith has enlisted AI to facilitate resource management, improve employee engagement, and reduce imbalanced workloads among lawyers across the firm.

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