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31 January 2025
Issue: 8102 / Categories: Legal News , Artificial intelligence , Technology , Regulatory , Profession
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NLJ this week: Do we really need legislation on AI?

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Artificial intelligence (AI) technology may be developing fast but—contrary to popular opinion—the ’panicked rush to legislation’ to regulate it is not necessary, writes Ian McDougall, president of the LexisNexis Rule of Law Foundation & adjunct professor, IE University Law School, in this week’s NLJ.

McDougall questions the popular belief that AI is in urgent need of more legislation. In this very readable article, he explains why AI may be ‘a fantastic, epoch-making, fourth-Industrial Revolution-making, complicated computer program’ but the bulk of issues it creates are already covered by existing legislation.

Moreover, as he demonstrates, AI is extremely difficult to define. He writes that ‘the real philosophical problem with all of these legislative attempts is that they are trying to regulate for either something that already exists and is covered by existing law, or something that does not exist and may never exist: truly self-aware AI’. 

MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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