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AI: Decoding IP – Exploring the Commercial, Economic and Legal Implications

Artificial intelligence is progressing rapidly as evidenced by Apple’s Siri, automated cars and Sydney’s new driverless trains! Sci-fi movies often portray artificial intelligence as robots simulating human characteristics but in real life, AI is used in the Google’s search algorithm, IBM’s Watson, and even in AI-controlled autonomous weapons, among others.

The term artificial intelligence or ‘AI’ is used to describe the imitation of machines or computer systems of human intelligence processes such as learning, reasoning, and self-correction. Other uses of AI are in systems which are used widely in financial services, healthcare, customer service, aviation, telecommunication, video games, and manufacturing, for example: speech recognition for intelligent assistants named Siri (Apple), Alexa (Amazon), and Cortana (Microsoft), machine vision for signature identification, optical character recognition, currency inspection, handwriting recognition, and medical image analysis.

World Intellectual Property Organization (WIPO) Director General, Francis Gurry, stated last year in an interview that the rapid development of AI will have an impact on the conventional concepts of Intellectual Property (IP) as “the broad use of AI technologies will also transform established IP concepts – patents, designs, literary and artistic works, and so on.” He also mentioned that the volume of data and the ever-changing algorithms introduce a number of basic IP-related questions that may result to in the addition of a new layer of IP instead of a replacement of the existing system.

On 18-19 June 2019, the United Kingdom Intellectual Property Office (UK IPO), in cooperation with WIPO, will host an event called AI: Decoding IP – Exploring the Commercial, Economic and Legal Implications. This is a two-day conference that enjoins the public with leading thinkers, business leaders, entrepreneurs, technologists, policy makers, academics and IP practitioners to discuss and explore the potential impact of AI on IP.

What: AI: Decoding IP – Exploring the Commercial, Economic and Legal Implications
When: 18-19 June 2019
Where: London Stadium, Queen Elizabeth Olympic Park, London, UK E20 2ST

The specific topics covered by various speakers will include the following:

  • the interface of AI and IP;
  • application of AI and new business models;
  • questions of ownership, entitlement and liability;
  • changes in commercial models and economic policies;
  • the legal framework and IP system.The conference is free but attendees need to register early as there are strictly limited spaces.

Jaclyn-Mae Floro, BCompSc

Contact W3IP Law on 1300 776 614 or 0451 951 528 for more information about any of our services or get in touch at law@w3iplaw.com.au.
Disclaimer. The material in this post represents general information only and should not be taken to be legal advice.

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