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Published on May 15, 2023

Generative AI Legislative Hearing

by Dazza Greenwood, Dan Katz, Michael Bommarito, Damien Riehl, Jesse Han, and John Nay
Published onMay 15, 2023
Generative AI Legislative Hearing

Use the following URL for the most up-to-date version of this page: https://law.mit.edu/pub/wyoming-legislative-hearing

On May 15th, 2023, the Wyoming Select Committee on Blockchain, Financial Technology, and Digital Innovation Technology held a hearing on the legislative implications of Generative AI.

Select Committee on Blockchain, Financial Tech. & Digital Innovation Tech., May 15, 2023-PM

The law.MIT.edu research team was honored to assist the Select Committee in assembling a group of thought leaders and innovators in the field of law and Generative AI to testify. This group provided an overview of the topic and demonstrated how an LLM-powered Wyoming LLC could operate.

This series of presentations at this hearing was coordinated by law.MIT.edu’s Executive Director Dazza Greenwood, and the witnesses testifying were:

Megan Ma, the Managing Editor of the MIT Computational Law Report, also contributed to the LLM LLC demonstration but was unable to testify on this day.

For more information about the upcoming LLM LLC demonstration and an open challenge to further iterate and test this approach to algorithmic management of a legal entity, please visit: https://law.mit.edu/pub/legal-entity-challenge

In the coming days, we will update this post with additional information about the topics covered at the hearing and links to relevant resources.

License
Creative Commons Attribution 4.0 International License (CC-BY 4.0)
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Softude Infotech:

An Umbraco CMS developer at Softude specializes in creating, customizing, and maintaining websites using the Umbraco content management system. They leverage Umbraco’s flexible, open-source platform to design intuitive user interfaces, implement custom features, and ensure seamless content management, enhancing overall site performance and user experience.

Darshan Kothari:

The Generative AI Legislative Hearing underscores the growing need for regulatory frameworks as generative AI technologies advance. These discussions aim to address ethical concerns, data privacy, and the responsible use of AI, ensuring that innovations align with societal values. For a Generative AI Development Company, such hearings highlight the importance of compliance and proactive engagement with evolving regulations. Staying informed and adapting to these legislative changes is crucial for developing responsible, cutting-edge solutions that not only push technological boundaries but also adhere to legal and ethical standards, fostering trust and long-term success in the industry.

MIT Computational Law Report
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