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Expert Analysis

Fiduciary Duty Considerations For Boards Of Cos. Using AI

By Lisa Fontenot and Cassandra Gaedt-Sheckter (January 3, 2020, 3:44 PM EST) -- In an era of rapid development and deployment of artificial intelligence technologies, we stand witness to new, reactive regulation of key elements of these technologies, such as the California Consumer Privacy Act, or CCPA, effective this month. This comes in parallel with assertions by many corporate leaders that the proper focus of corporate purpose is the interests of employees, customers, suppliers, shareholders and society in general, rather than sole primacy of current shareholder interests.[1]...

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