18 organizations. For some, it’s integral in what they make or sell, some use it as input for decision-making (e.g., employment, customer service), and in many others, it is used sporadically by employees for smoother operations.” “Also, the risks and potential liabilities are already drawing the attention of investors and potential buyers in financial rounds and M&As, and we encourage companies, even startups, to be ready with solutions to some of the risks AI, and specifically Generative AI poses to their operation,” he adds. Do these trends concern you or excite you? Keidar of Arnon, Tadmor-Levy points out: “Excitement and concern may strangely come together. We are excited by these tools and are still in the process of learning how to best utilize them, for the best of the firm and for the benefit of the clients. The use of Generative AI in drafting papers, analyzing documents, Due-Diligence, legal research, E-discovery, and data management addresses many pain points in our legal day-to-day. At the same time, we need to be concerned about how we train the next generation of top legal professionals who would grow into this world where AI is going to be embedded in almost all of our platforms. We already understand that some tasks could be given to AI and make associates' lives easier and more efficient, yet we also bear in mind that adequate training requires maintaining some types of assignments which are essential for making them into excellent professionals.” The industries most affected “Most affected are the industries based on copyright paradigm, most notably software, music, visual, and so on” adds Oren of Shibolet. AI could also help people with improved healthcare, safer cars and provide tailored, longer-lasting products and services. It can also facilitate access to information, education and training. AI can also make workplaces safer as robots can be used for the more dangerous parts of jobs, and open new job positions as AI-driven industries grow and change. AI used in public services might also reduce costs and offer new possibilities in public transport, education, energy and waste management and could also improve the sustainability of products. Data privacy is a real concern AI can play a crucial role in enhancing cybersecurity measures and protecting sensitive client data. It can detect and respond to potential security breaches
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