Everyday AI Podcast – An AI and ChatGPT Podcast

EP 92: AI in E-commerce - Navigating the Legal Maze

Aug 31, 2023

Neil Peretz, Head of Legal for WooCommerce at Automattic, shares his expertise on the legal landscape of AI in e-commerce. He discusses who truly owns AI-generated content and the rising challenges around content ownership and copyright. The conversation also delves into legal regulations affecting AI, emphasizing the need for clarity in an evolving digital environment. Peretz highlights best practices for using generative AI responsibly while navigating the complexities of legal rights and consumer protections.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

ANECDOTE

AI-Powered Credit Underwriting

Neil Peretz worked at Aaliyah Financial Technologies, using AI for credit underwriting.
This AI-driven approach assessed creditworthiness more accurately than traditional FICO scores, benefiting underserved individuals.

ANECDOTE

Contract Wrangler

Neil Peretz founded Contract Wrangler, an AI company that analyzes legal contracts.
It identifies key terms and alerts users to important responsibilities like auto-renewals.

INSIGHT

Ongoing Contract Responsibilities

Forgetting rights and responsibilities in contracts can lead to trouble, like unwanted auto-renewals.
Neil Peretz emphasizes that contract execution is ongoing, not finished after signing.

Get the Snipd Podcast app to discover more snips from this episode

Get the app

When you create AI content on the Internet, who owns it? With AI content rising in popularity, countries are scrambling to decide what AI regulations should be implemented. Neil Peretz, Head of Legal for WooCommerce at Automattic, joins us to discuss how to approach AI content, E-commerce, and AI regulations.

Newsletter: Sign up for our free daily newsletter
More on this: Episode Page
Join the discussion: Ask Neil and Jordan questions about AI and legal regulations
Upcoming Episodes: Check out the upcoming Everyday AI Livestream lineup
Website: YourEverydayAI.com
Email The Show: info@youreverydayai.com
Connect with Jordan on LinkedIn

Timestamps:
[00:01:40] Daily AI news

[00:05:00] Neil's experience with AI and legal
[00:08:15] Using AI for legal business matters
[00:12:30] AI content vs. legal battles
[00:16:15] WooCommmerce's thoughts on AI content
[00:21:10] Who has rights to outputs of generative AI?
[00:23:26] Recent example of AI copyright
[00:29:20] Best practices for using generative AI legally

Topics Covered in This Episode:
A. AI and Ownership of Content
- Questions about who should own and have access to internet content
- Discussion on content ownership at Automatic (parent company of WooCommerce, WordPress, and Tumblr)
- Considerations for content scraping and copyright when using AI to generate content
B. Legal Regulations in AI
- Importance of legal regulations related to AI
- Discussion on legal issues in AI, specifically in the context of consumer credit
- AI technology developed by Leah Financial Technologies for assessing creditworthiness
- Implementation of AI technology with PNC Bank and other institutions
C. Copyright and Fair Use
- Explanation of copyright law and fair use
- Reference to the Taylor decision regarding machine-generated art and copyright
- Copyright generally associated with human creations
- Use of AI for transformative purposes and its relation to copyright and fair use
E. Unique and Ownable AI-Generated Content
- Challenge of uniqueness in solely AI-generated content
- Importance of combining AI with other creative processes for more unique and ownable content
- Mention of AI copyright battle involving Creativity Machine
F. Helping Content Creators and Store Owners
- Importance of helping content creators reach a wider audience
- Role of automated sources in gathering publicly available content
- Powering online stores and the desire for store owners to be found and influential
- Consideration of individuals who do not want to be found

Keywords:
AI, content, internet, legal regulations, guest, participate, location, Nvidia chips, ChatGPT competitor, machine learning, creditworthiness, FICO scores, Aliyah score, PNC Bank, institutions, ownership, content scraping, WordPress, copyright law, fair use, Taylor decision, creations, IT, finance, lawyers, salespeople, machine, auto-renewals, bargaining power, parody, factual assertions, AI-generated cont

Send Everyday AI and Jordan a text message. (We can't reply back unless you leave contact info)

Ready for ROI on GenAI? Go to youreverydayai.com/partner