Recent technological breakthroughs and digitalisation have led commentators to describe this time as ‘the fourth industrial revolution’ and the ‘robot apocalypse’. Artificial intelligence (AI) and machine learning are significant advancements in this revolution.
As industry players scramble to keep up with these developments and seek to implement their own AI innovation, intellectual property (IP) rights have become a prominent area for speculation and scrutiny.
AI has the potential to be both the creator and product of innovation. IP law has thus far developed at a far slower pace than technology, which creates a number of legal challenges for innovators and investors alike.
Sophie Lees, Senior Associate in Sydney and Darcy O'Brien, Associate in Melbourne, consider some of the issues that AI will create for IP rights in Australia.