The Internet of Things is a relatively new development that has changed the world. However, the laws were either non-existent or archaic. Now, it’s important to inform our readers that Jerry Brown has signed a cybersecurity law covering “smart” devices. The bill, SB-327, was introduced last year and states in relevant part that:…
Artificial Intelligence, or AI, has evolved rapidly over the past couple of decades. The uses of AI have extended to different segments of our society, and humans have benefitted from it in various ways. Lawyers and legal researchers have also found ways to harness the power of AI. AI has…
Isaac Asimov’s three laws of robotics are important factors in the development of artificial intelligence laws. They are as follows: First Law: A robot may not injure a human being or, through inaction, allow a human being to come to harm. Second Law: A robot must obey the orders given…
We are continuing our look at the impact of artificial intelligence on copyright laws. In general, copyright’s underlying theory—to protect property rights as defined by the labor a person puts into an object, and to incentivize economic progress by entitling people to the fruits of their labor—will come to bear…
This month, our plan is to shift our focus on copyright laws, which at this time, is at a juncture of its own. Artificial intelligence is quickly sweeping across many areas of life. Google, for example, has just started funding a program that will write local news articles. Perhaps more stirringly,…
We end this month’s blog with an overview on virtual currencies and the risks. Last month, we fleshed out our understanding of blockchain technology and the legal quandaries that surround it. This month we narrowed our focus to the specifics of one of its uses: currency. Virtual currencies have great…
We have explored the emerging technology of virtual currencies, after delving into the blockchain space last month. We explored how virtual currencies are being regulated—a hitherto unclear area of law that befits our general understanding of the technology itself. After all, the blockchain was specifically designed to avoid the vicissitudes…
We are continuing our discussion about virtual currencies and the related issues. Because this is a burgeoning technology producing a wonderful array of blockchain innovations, regulators have struggled to determine how, or whether at all, they should regulate it. It poses an array of novel legal questions, and its economic…
Last month, we explored the area of law surrounding blockchain technology. Last week, we focused on a narrower realm of blockchain technology – i.e., virtual currencies. Today, we delve further into digital currencies that are adding so much value to the modern economy. Because the technology is so innovative and…
We have narrowed our focus on blockchain’s legal issues to cryptocurrencies. Tokenizing is a recent capital innovation and its legal landscape is hazy and nuanced at this time. This week, we will hone our focus further to shed light on this new technology, its economic and social benefits, and its…