Revolutionizing AI Risk Management: A Guide to Minimizing Risks through Contracts and Service Agreements in the Artificial Intelligence Industry

As a journalist, I have rewritten the following article:

Carter Ledyard & Milburn is currently hosting a series of discussions on leveraging opportunities and managing risks related to generative artificial intelligence. The Artificial Intelligence (AI), Machine Learning (ML) and Automation Industry Group is exploring these issues in a practical manner by breaking down the complex characteristics of contracts, service agreements and vendors to identify ways of minimizing risk for companies and their data.

The first part of this series focuses on AI Vendor Contracts, providing a general guide that offers insights into this subject matter. However, it is recommended that readers seek specialist advice for specific circumstances related to AI vendor contracts.

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