When AI makes a bad decision, who's legally responsible? Lisa R. Lifshitz speaks to CBC about how these legal issues might apply in Canada
Overview
A Hong Kong billionaire, an investment manager, and a money managing supercomputer called K1 – what could go wrong?
K1 was designed to comb through online sources to make stock market predictions and execute trades, adjusting its strategy over time based on machine-learning.
But after a billionaire tycoon entrusted a large amount of money to the artificial intelligence system, he faced some very real losses — including $20 million in a single day.
The billionaire now suing the salesman who persuaded him to entrust his fortune to a robot. The lawsuit – one of the first over AI triggered stock market losses – raises many questions about the legal implications of AI.
Visit CBC Radio online to listen to the complete interview.
People
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Chair of Torkin Manes' Technology and Privacy & Data Management Groups, Lisa practises exclusively in the areas of technology, privacy and cybersecurity law.
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Partner and Chair, Technology and Privacy & Data Management Groups
