The AI Bandwagon: A Hoped for Lawyer Billing Bonanza
November 8, 2023
This essay is the work of a dumb humanoid. No smart software required.
The AI bandwagon is picking up speed. A dark smudge appears in the sky. What is it? An unidentified aerial phenomenon? No, it is a dense cloud of legal eagles. I read “U.S. Regulation of Artificial Intelligence: Presidential Executive Order Paves the Way for Future Action in the Private Sector.”
A legal eagle — aka known as a lawyer or the segment of humanity one of Shakespeare’s characters wanted to drown — is thrilled to read an official version of the US government’s AI statement. Look at what is coming from above. It is money from fees. Thanks, Microsoft Bing, you do understand how the legal profession finds pots of gold.
In this essay, which is free advice and possibly marketing hoo hah, I noted this paragraph:
While the true measure of the Order’s impact has yet to be felt, clearly federal agencies and executive offices are now required to devote rigorous analysis and attention to AI within their own operations, and to embark on focused rulemaking and regulation for businesses in the private sector. For the present, businesses that have or are considering implementation of AI programs should seek the advice of qualified counsel to ensure that AI usage is tailored to business objectives, closely monitored, and sufficiently flexible to change as laws evolve.
Absolutely. I would wager a 25 cents coin that the advice, unlike the free essay, will incur a fee. Some of those legal fees make the pittance I charge look like the cost of chopped liver sandwich in a Manhattan deli.
Stephen E Arnold, November 8, 2023
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