Edited by Charles Kerrigan, Partner, CMS, UK

• ContentsForeword xviii Preface xx Preface to the Second Edition xxii PART I INTRODUCTION 1 Introductory essay 2 Charles Kerrigan 2 Themes of the chapters 36 Charles Kerrigan 3 Introduction to AI 45 Charles Kerrigan 4 Understanding AI 66 Tirath Virdee 5 Generative AI 92 Nik Yeo PART II LAW AND REGULATION 6 Corporate governance 114 Martin Petrin 7 Regulatory compliance 148 Hannah Yee-Fen Lim 8 The EU AI Act 177 Charles Kerrigan, Sean Musch, Michael Borrelli 9 Artificial intelligence and standards 239 Sam De Silva and Barbara Zapisetskaya 10 Commercial contracts 256 Iain Sheridan 11 Commercial trade 287 Minesh Tanna and William Dunning 12 Liability and agency 304 J.G. Allen and Florian Gamper 13 Data and data protection 329Peter Church and Richard Cumbley14 Competition law 372Jerome Dickinson15 Intellectual property 387Rachel Free16 Employment 420Dana Denis-Smith17 Disputes and litigation 438Kushal Gandhi and Vanessa Whitman18 Investing in AI 456Charles Kerrigan and Insights4VCPART III INDUSTRY SECTORS19 Financial regulation 486Richard Hay and Sophia Le Vesconte20 Insurance 530Stephen Kenny KC21 Retail and consumer 564Matthew Bennett22 Healthcare 583Roland Wiring23 Telecoms 602Anne Chitan24 Real estate 633A P Moore, C Giannoni, N Kirby, N Doffman and E Boulle25 Taxation 659Xavier ObersonPART IV HUMAN AI26 Cybersecurity 673Craig Kennedy27 Misinformation and disinformation 700Erica Stanford28 Ethics 723Patricia Shaw29 Bias and discrimination 756Minesh Tanna and William Dunning30 AI and human rights 782Mando Rachovitsa31 Public policy and government 801Charles Kerrigan and Erica StanfordPART V TECHNICAL AND CONSULTING32 Education 824Charles Kerrigan33 AI taxonomies and emergent issues in intelligence 833Tirath Virdee and Alex Flom34 Federated learning 897Tom Marshall and Nicolas D. Lane35 Autonomy and fairness 908Emre Kazim, Adriano Koshiyama, Airlie Hilliard, Anisha Chadha, Charles Kerrigan and Jeremy Barnett36 Risk management 923Stephen Ashurst37 Business models and procurement 936Petko Karamotchev38 Explainable AI and responsible AI 952Charles Kerrigan39 Legaltech and law firms 965Erica Stanford and Charles Kerrigan

Edited by Charles Kerrigan, Partner, CMS, UK

• ContentsForeword xviii Preface xx Preface to the Second Edition xxii PART I INTRODUCTION 1 Introductory essay 2 Charles Kerrigan 2 Themes of the chapters 36 Charles Kerrigan 3 Introduction to AI 45 Charles Kerrigan 4 Understanding AI 66 Tirath Virdee 5 Generative AI 92 Nik Yeo PART II LAW AND REGULATION 6 Corporate governance 114 Martin Petrin 7 Regulatory compliance 148 Hannah Yee-Fen Lim 8 The EU AI Act 177 Charles Kerrigan, Sean Musch, Michael Borrelli 9 Artificial intelligence and standards 239 Sam De Silva and Barbara Zapisetskaya 10 Commercial contracts 256 Iain Sheridan 11 Commercial trade 287 Minesh Tanna and William Dunning 12 Liability and agency 304 J.G. Allen and Florian Gamper 13 Data and data protection 329Peter Church and Richard Cumbley14 Competition law 372Jerome Dickinson15 Intellectual property 387Rachel Free16 Employment 420Dana Denis-Smith17 Disputes and litigation 438Kushal Gandhi and Vanessa Whitman18 Investing in AI 456Charles Kerrigan and Insights4VCPART III INDUSTRY SECTORS19 Financial regulation 486Richard Hay and Sophia Le Vesconte20 Insurance 530Stephen Kenny KC21 Retail and consumer 564Matthew Bennett22 Healthcare 583Roland Wiring23 Telecoms 602Anne Chitan24 Real estate 633A P Moore, C Giannoni, N Kirby, N Doffman and E Boulle25 Taxation 659Xavier ObersonPART IV HUMAN AI26 Cybersecurity 673Craig Kennedy27 Misinformation and disinformation 700Erica Stanford28 Ethics 723Patricia Shaw29 Bias and discrimination 756Minesh Tanna and William Dunning30 AI and human rights 782Mando Rachovitsa31 Public policy and government 801Charles Kerrigan and Erica StanfordPART V TECHNICAL AND CONSULTING32 Education 824Charles Kerrigan33 AI taxonomies and emergent issues in intelligence 833Tirath Virdee and Alex Flom34 Federated learning 897Tom Marshall and Nicolas D. Lane35 Autonomy and fairness 908Emre Kazim, Adriano Koshiyama, Airlie Hilliard, Anisha Chadha, Charles Kerrigan and Jeremy Barnett36 Risk management 923Stephen Ashurst37 Business models and procurement 936Petko Karamotchev38 Explainable AI and responsible AI 952Charles Kerrigan39 Legaltech and law firms 965Erica Stanford and Charles Kerrigan

Edited by Charles Kerrigan, Partner, CMS, UK

• ContentsForeword xviii Preface xx Preface to the Second Edition xxii PART I INTRODUCTION 1 Introductory essay 2 Charles Kerrigan 2 Themes of the chapters 36 Charles Kerrigan 3 Introduction to AI 45 Charles Kerrigan 4 Understanding AI 66 Tirath Virdee 5 Generative AI 92 Nik Yeo PART II LAW AND REGULATION 6 Corporate governance 114 Martin Petrin 7 Regulatory compliance 148 Hannah Yee-Fen Lim 8 The EU AI Act 177 Charles Kerrigan, Sean Musch, Michael Borrelli 9 Artificial intelligence and standards 239 Sam De Silva and Barbara Zapisetskaya 10 Commercial contracts 256 Iain Sheridan 11 Commercial trade 287 Minesh Tanna and William Dunning 12 Liability and agency 304 J.G. Allen and Florian Gamper 13 Data and data protection 329Peter Church and Richard Cumbley14 Competition law 372Jerome Dickinson15 Intellectual property 387Rachel Free16 Employment 420Dana Denis-Smith17 Disputes and litigation 438Kushal Gandhi and Vanessa Whitman18 Investing in AI 456Charles Kerrigan and Insights4VCPART III INDUSTRY SECTORS19 Financial regulation 486Richard Hay and Sophia Le Vesconte20 Insurance 530Stephen Kenny KC21 Retail and consumer 564Matthew Bennett22 Healthcare 583Roland Wiring23 Telecoms 602Anne Chitan24 Real estate 633A P Moore, C Giannoni, N Kirby, N Doffman and E Boulle25 Taxation 659Xavier ObersonPART IV HUMAN AI26 Cybersecurity 673Craig Kennedy27 Misinformation and disinformation 700Erica Stanford28 Ethics 723Patricia Shaw29 Bias and discrimination 756Minesh Tanna and William Dunning30 AI and human rights 782Mando Rachovitsa31 Public policy and government 801Charles Kerrigan and Erica StanfordPART V TECHNICAL AND CONSULTING32 Education 824Charles Kerrigan33 AI taxonomies and emergent issues in intelligence 833Tirath Virdee and Alex Flom34 Federated learning 897Tom Marshall and Nicolas D. Lane35 Autonomy and fairness 908Emre Kazim, Adriano Koshiyama, Airlie Hilliard, Anisha Chadha, Charles Kerrigan and Jeremy Barnett36 Risk management 923Stephen Ashurst37 Business models and procurement 936Petko Karamotchev38 Explainable AI and responsible AI 952Charles Kerrigan39 Legaltech and law firms 965Erica Stanford and Charles Kerrigan