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The Association of Corporate Counsel (ACC) is the world's largest organization serving the professional and business interests of attorneys who practice in the legal departments of corporations, associations, nonprofits and other private-sector organizations around the globe.

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June 7, 2023 | 12:00 PM - 1:00 PM PDT

Overview (Program Summary)

A program hosted by:

ACC San Francisco Bay Area

Once thought of as the stuff of amateurish virtual games, futuristic movies and imaginary science fiction, engaging in business in a virtual world or a metaverse is close enough to mainstream reality to mandate that we consider its consequences. Described as a shared, online, three-dimensional space where people can live, work, interact and connect virtually, these platforms have integrated into many mainstream uses. ChatGpt and other AI tools have taken the world by storm, from being banned and then reinstated in Italy for data privacy reasons to the loss of IP when used as a development tool. The widespread use of any of these tools demands that you review your policies and global frameworks with enough flexibility to capture what's coming next

Join us for a 60 minute session where we will walk through hypothetical examples and have an interactive discussion about how to adapt your legal frameworks to these new realities of doing business. For example…

  • Are you reviewing your strategy for IP registration and protection in a global, virtual world — including if and where you register your trademarks?
  • Are you restricting access to ChatGpt within your organization or are you integrating it into your business model?
  • How do you plan to manage the collection of personal data, in either a virtual world or an AI training set, and can it be monetized?
  • What do you foresee as your key revenue drivers/business model in a virtual environment? Have you considered which IP you may license for NFTs and the terms of such licenses?
  • With increased network security requirements by regulators, expanding vectors of attack and the heightened sophistication of cyberattacks, have you revisited your cybersecurity policy and data incident procedures recently?
  • Have you created specific terms and conditions to govern interactions with business customers and individual consumers using your products/services?

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State: California
ACC

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