WASHINGTON, D.C.—Once the stuff of science fiction, artificial intelligence has now become part of our daily lives, both at home and at work. The predictive power of AI is an incredibly powerful and beneficial tool. However, the legal and ethical risks (such as the possibility of model bias and the challenge of model explainability) must be addressed.
Womble Bond Dickinson attorney Alexandra Villarreal O’Rourke regularly guides companies through the many issues surrounding AI. On Sept. 27, she led a discussion on “Artificial Intelligence in Development: Harnessing Opportunities while Addressing Legal and Ethical Risks” for the World Bank Group.
In this webinar discussion, O’Rourke spoke about the most promising uses of AI currently in development. She also talked about potential risks of AI and possible ways to overcome those challenges.
Alexandra Villarreal O’Rourke leads Womble Bond Dickinson’s Financial Regulatory team and co-leads the firm’s Fintech team. She draws upon her background in the Consumer Financial Protection Bureau (CFPB) to advise clients on mission-critical compliance questions and risk management as well as state and federal financial regulatory engagement, investigations, and enforcement. She also has significant experience on Fintech and Artificial Intelligence regulatory matters and helps clients navigate the evolving legal terrains on those topics.
(L-R): Alexandra Villarreal O’Rourke and Nneoma Nwogu, Co-Lead of the Disruptive Technologies and Innovation Group of the Legal Vice Presidency at the World Bank in Washington, D.C.