Getting AI Tools Litigation-Ready Is Crucial For Finance Cos.
By Alex Lakatos, Eric Evans and Reginald Goeke (July 9, 2019, 2:50 PM EDT) -- If your artificial intelligence tools are not litigation-ready, then discovery in a lawsuit contesting decisions those tools have made could quickly become a nightmare: Your company may suffer enormous distractions and decreased productivity as it struggles to address litigation requirements that are inconsistent with its AI systems, data and culture; may be subjected to onerous court orders that interfere with its ability to conduct its core businesses; may even suffer adverse judgments on claims that lack merit.
Preparing for disputes is a crucial consideration for any financial services company using AI and big data to make important decisions, such as whether...
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