AI: Impact on Contracting

We are delighted to share our jointly hosted webinar by Penningtons Manches Cooper and US law firm Polsinelli. This session delves into the critical aspects of contracting for AI, providing insights from both supplier and customer perspectives.

Why watch?
Watching this webinar will provide you with valuable insights into the evolving landscape of commercial contracts related to AI technology. You will understand the implications on contract terms and data privacy compliance and learn practical strategies for negotiating and drafting agreements related to AI.

Who should watch?
This webinar is ideal for legal professionals, contract managers, technology developers and suppliers, data privacy officers, and anyone interested in the evolution of AI-related agreements and how they will impact their organization.

Topics covered
Supplier and Customer perspectives on contract terms to consider when contracting for AI, including:

• Warranties/Disclaimers: Ensuring clarity on the performance and limitations of AI systems.
• IP Ownership: Determining who owns the IP created by AI.
• Indemnity/Limitation of Liability: Managing risks and liabilities associated with AI.
• EU AI Act/AI Legislation Compliance: Navigating the regulatory landscape for AI in the EU.
• Audits: Establishing procedures for auditing AI systems and their outputs.
• SLAs: Defining service level agreements specific to AI performance.
• Insurance: Considering insurance options to cover AI-related risks.

Associated consideration of AI in relation to data privacy compliance:

• Baseline Treatment of AI by GDPR vs. US State Privacy Laws: Comparing regulatory approaches to AI and data privacy.
• AI as Automated Decision Making: Addressing the implications of AI-driven decisions.
• Transparency: Ensuring transparency in AI operations and decision-making processes.
• Legal Basis: Establishing a legal basis for processing data with AI.
• DPIA/PIAs: Conducting data protection impact assessments and privacy impact assessments for AI systems.
• Considering Rights of Individuals: Impact of rights of individuals in relation to AI systems.

Watch for an engaging discussion on reshaping contracting practices and the associated data privacy considerations when dealing with AI related technology.