147 | 🆓 🎤 Free AI Conference

In today’s Brainyacts:

1. Chief AI Officers

2. Free AI Conference coming up

3. OpenAI safety and access impact on its performance and more AI model news

4. UK tax changes in light of AI and other related content

👋 to new subscribers!

To read previous editions, click here.

Lead Memo

👮 🤖 The Rise of Chief AI Officers: Full-Time and Fractional Roles in the Legal Sphere

The emergence of the Chief AI Officer (CAIO) role marks a significant shift in both governmental and private sectors. This demand surge is especially notable in the US government domain. The urgency comes from the Office of Management and Budget following President Biden's AI executive order. Over 400 CAIO appointments must be made within a tight 60-day window so that each agency has one. These roles, often at the Senior Executive Service level, demand high expertise, reflected in salaries up to $212,100.

For law firms and in-house legal teams, the integration of AI, from automating routine tasks to providing sophisticated analytics for case strategies is a reality. Here, the role of a CAIO becomes pivotal. For large law firms or corporate legal departments, a full-time CAIO could lead the integration of AI in research, business processes, litigation analysis, and contract management.

However, smaller law firms or startups face unique challenges. While the need to incorporate AI in legal operations is just as pressing to maintain competitive advantage, resources, and organizational structures often limit the ability to support a full-time senior AI executive. This is where the concept of a "fractional AI officer" gains relevance. As observed in other industries, fractional leadership involves seasoned executives working with multiple clients, providing expertise to organizations that need it but cannot afford a full-time position. This approach is not only cost-effective but also brings diverse AI applications and insights from various sectors, which can be particularly beneficial in the dynamic field of law.

Contrasting with contract-based roles, which are typically project-specific with a narrow focus, fractional CAIOs offer a broader strategic integration of AI. They can guide law firms or legal departments in adopting AI tools and policies, and even in understanding the evolving legal landscape around AI ethics and data privacy.

Spotlight

Join the LawDroid AI Conference, a free, online event where innovative legal minds and cutting-edge technology collide, on January 30th! At this conference, you'll have the opportunity to hear from renowned experts in the field, who will share their insights and experiences.

For more info, click here: https://www.lawdroidaiconference.com/

AI Model Notables

► OpenAI’s performance is getting poorer and capacity limits (even for Plus subscribers) are getting more common. I have experienced ‘no access” twice this week. Also, I am finding that it stops generating some types of content like tables. This is happening to many folks out there.

► Microsoft shares its views on Copyright and when and where it will protect users from infringement suits

► Microsoft will increase Bing Chat character limit once GPT-4 Turbo is implemented

► Read Microsoft’s internal memos about the chaos at OpenAI

► OpenAI & Microsoft face new lawsuit over ‘rampant theft of copyrighted works’

► Meta to support project for using Gen AI in consumer grievance redressal in India

► A digital health tool used by Cigna, a leading healthcare company, fails to deliver on its claims of functionality and effectiveness

News You Can Use:

➭ The Office of Management and Budget released guidance to federal agencies on executing Biden's AI order, prioritizing hiring a Chief AI Officer

➭ US, Britain, and other countries ink agreement to make AI 'secure by design'

➭ California governor calls for statewide generative AI training

➭ The legal framework for AI is being built in real time, and a ruling in the Sarah Silverman case should give publishers pause

➭ Putin unveils Russia’s new AI strategy to rival Western advances in artificial intelligence

➭ US SEC may probe Open AI CEO Altman

➭ Calls for AI tax overhaul in UK amid concerns machines ‘cheaper to use’ than humans

➭ Sports Illustrated published articles by fake, AI-generated writers

➭ Pentagon’s AI initiatives accelerate hard decisions on lethal autonomous weapons

Who is the author, Josh Kubicki?

Some of you know me. Others do not. Here is a short intro. I am a lawyer, entrepreneur, and teacher. I have transformed legal practices and built multi-million dollar businesses. Not a theorist, I am an applied researcher and former Chief Strategy Officer, recognized by Fast Company and Bloomberg Law for my unique work. Through this newsletter, I offer you pragmatic insights into leveraging AI to inform and improve your daily life in legal services.