1. AI Risk – Protecting your investment
5th March 2019
Chris Holder - Partner
IT Commercial Dept

2. What is it that you are buying and why?
So……
What is it that you are buying and why?

3. What is AI?
The next time somebody mentions AI, ask them what they are really talking about
Sainsbury’s lead architect, headline in Computing 1st October 2018

4. What is AI?
There is no single definition of AI but broadly speaking, AI is the theory and development of computer systems able to perform tasks that normally require human intelligence.
AI is not a technology per se but rather a collection of techniques that mimic human behaviour. *

5. Is this all hype? Peak of Inflated Expectations.
Is this all hype?
VISIBILITY
TIME
Peak of Inflated Expectations
Plateau of Productivity
Trough of Disillusionment
Technology Trigger

6. Is this all hype? Plateau of Productivity.
Is this all hype?
Plateau of Productivity
Peaks of Inflated Expectations
VISIBILITY of AI
Troughs of Disillusionment
Technology Trigger
TIME
1970’s
1980’s
1990’s
2000’s
2010’s
2020’s
iPhone
© David Bisset

7. Legal Tech and AI – Robotic lawyer anyone?

8. Functionality v Advice
“My product will perform to its functional specification and that is it. You can make what you will out of whatever it provides you with.” V
“You should do this. If you don’t, you will die/go out of business/have a very bad afternoon.”

10. What is the Law Society doing?
Sophia Adams Bhatti – Director of Legal and Regulatory Policy

11. Professional regulation response – near term
EDUCATION – SKILLS AND LEARNING – FIRM DRIVEN
EXISTING RULES WILL CONTINUE
BAKED IN STANDARDS
Regulate the activity regardless…

12. Global / deontological responses Legislative frameworks
Professional regulation response – Longer term
Regulate who or what?
Global / deontological responses
Legislative frameworks
Common law – the Courts

13. Any Questions? Chris Holder Bristows LLP 100 Victoria Embankment
London EC4Y 0DH
T +44(0)
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