Data Privacy vs. Database Rights: Balancing The Scales
Global economic trends and harsher business environments have pointed companies to the vast potential that lay in data, datasets, and databases. As businesses merge and exit, these form a strategic part of their asset base from where they can create more value. With this comes the need to protect the underlying IP in these databases, […]
Brace for Impact: Here’s The EU AI Act’s Stance on IP
From time immemorial to date, there’ve been legitimate concerns about the unethical use of AI and its risks, prompting the EU Council to approve the EU AI Act on May 21, 2024. Following constructive talks, the Act was published in the official EU Journal on July 12, 2024, and will enter into force on August 1, 2024. The EU’s 27 member states unanimously endorsed the AI Act, affirming the political agreement reached in December.
The act is designed to spur the growth and deployment of safe and trustworthy AI systems throughout the EU’s single market. Other objectives are to safeguard the fundamental rights of EU citizens, enhance public confidence in AI, and stimulate innovation and investment across Europe. The Act is also notably broad in scope, impacting all the market actors in the AI value chain within the EU. Naturally, efforts to comply with its provisions will introduce numerous intellectual property (IP) considerations.