February 28, 2024
Legal, Tech Experts Discuss Use Of AI At The 5th Udo Udoma & Belo-Osagie I.C.E. Summit
News Today In the News

Legal, Tech Experts Discuss Use Of AI At The 5th Udo Udoma & Belo-Osagie I.C.E. Summit

Some legal and tech experts in the country have called for caution in the deployment of Artificial Intelligence (AI) by businesses to avoid contravening data protection laws, which may lead to litigations and sanctions.

The experts stated this at the Investigations, Compliance, and Ethics (I.C.E) Summit organized by a law firm, Udo Udoma & Bello-Osagie in Lagos with the theme: ‘Responsible Business Practices for Accelerating the Development of Fair Markets’.

While noting that AI requires data to function, they added that training an AI with data acquired illegally would create problems for the business that is using it.

READ ALSO: Nelson Mandela’s Granddaughter Dies Of Cancer Aged 43

The Head of the Legal Team at Branch, a digital lending company, Tolu Osindero, said a lot of businesses have been using data acquired illegally to train their AI models.

Emphasising that several legal issues may arise as a result of AI, she noted that OpenAI, the promoters of ChatGPT are currently facing two class actions relating to how they got access to data that was used to train the ChatGPT.
With advancements coming into AI by the day, several organisations including banks and fintechs are now deploying the technology to enhance customer service experience and marketing. However, the experts say this could come with some risks as the customers are also becoming more aware of their data rights under the Nigeria Data Protection Act.

Leave feedback about this

  • Quality
  • Price
  • Service

PROS

+
Add Field

CONS

+
Add Field
Choose Image
Choose Video