Artificial Intelligence
One of our competitors to our Non-Standard Lawyers Professional Liability Program is now attaching a manuscript endorsement that excludes any claim that is based upon any actual or alleged use of generative artificial intelligence (“AI”) by the law firm.
It is especially interesting that such exclusion uses “or alleged” language, which presumably means that the carrier will not even be obligated to provide a defense if a claim allegedly was based upon the insured’s use of AI.
Read MoreAs Artificial Intelligence (AI) is becoming incorporated into more business tasks, it is useful to think of AI as that akin to a college intern on your staff. AI can serve as a digital counterpart that aids in research, data processing, and scalability. Much like an intern, AI can examine data, identify patterns, and generate insights that form the foundation for informed decision-making by business owners. Its ability to automate repetitive tasks mirrors an intern's role in tackling routine assignments, like data entry, thereby freeing up human resources for more strategic endeavors. Moreover, AI's scalability allows it to adapt seamlessly to changing workloads and demands, resembling the eagerness of that certain “go getter” intern to take on new challenges.
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