Generative artificial intelligence – The legal issues unpacked

Generative artificial intelligence – The legal issues unpacked

Al-Tamimi & Company hosted a seminar in partnership with ABCK-AmCham Kuwait and the German Business Council, with the support of Mashreq Kuwait, and The World Bank Kuwait. The event was held in the state-of-the-art auditorium of the prestigious Burj Al Shaya building and saw over a hundred people in attendance, including delegates from banking and financial institutions in Kuwait, Government agencies and regulatory bodies, as well as many start-ups from the technology, media, and telecommunications sector. As generative artificial intelligence (AI) systems become increasingly prevalent in our daily lives and workplaces, many legal issues have emerged; The event enabled conversations on the current legal frameworks of AI in the GCC, the regulations on said systems, and the potential implications of the usage of AI in the financial services industry. David Yates, Head of Digital and Data at Al-Tamimi & Company, said that one of the first issues that came to mind regarding the usage of AI was the terms and policies of popular systems such as ChatGPT. Companies that provide AI services and platforms must ensure that users understood the terms and conditions governing the usage of these tools, as well as their data privacy policies. This is especially important