AI Lawyer (GPT-3) Explains Terms of Use

4 mins read

AI’s natural language processing capabilities are getting very impressive. Here is my GPT-3 based paralegal explaining, very coherently, the legal aspects of the Terms of Use. It’s just a part of a 4,800 blog “she” wrote. [Transcript]: Hi! Welcome to San Francisco! I am an Artificial Intelligence Lawyer, powered by GPT-3, which is currently the most advanced language learning model…

New CA Law Requires Social Media Terms of Service to Include Anti-Hate Speech & Misinformation Policies

1 min read

California Gov. Gavin Newsom has signed a controversial bill into law requiring social media corporations to be more transparent, setting up a possible legal fight over whether such restrictions violate free speech safeguards. A.B. 587 compels digital businesses to produce semiannual reports with the state attorney general outlining their content moderation practices for hate speech, misinformation, and extremism. The bill,…

Senators: Is TikTok Collecting US Users’ Biometric Data?

3 mins read

Despite what its privacy policy says, TikTok insists it is not collecting biometric data from users in the United States. TikTok surreptitiously modified its privacy policy last year to enable the app to gather biometric data on U.S. users, including “faceprints and voiceprints,” a move the firm neglected to reveal at the time or during a later Senate hearing conducted…

China’s New Outbound Data Transfer Rules and Standard Contract Provisions

7 mins read

China’s new privacy regulations require certain enterprises that send or handle Chinese personal information outside of the nation to undergo a government-led security assessment. The regulations apply retroactively to cross-border data transfers made prior to September 1, 2022. Businesses have six months to correct any noncompliant data transfers out of China. The Cyberspace Administration of China (CAC) Measures for Security…

Comprehensive Terms of Use and Privacy Policy Template

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36 mins read

This is a thorough template that may be used as the foundation of a more comprehensive Terms of Use for any website that contains any kind of user-submitted material. Terms of Use for and Privacy Policy Welcome to ___________________________________ (Name of Site) (the Site). ______________________________________ (Name of Site) is an informational Site owned and operated by _______________________________ (Name of Owner)…

Free Privacy Policy Generator Reviewed: TermsFeed

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1 min read

My evaluation of the TermsFeed free Privacy Policy generator. Sample policy generated here, using only the free options. I.                   REGULATIONS ADDRESSED          YES        NO – COPPA (Children’s privacy) – Cookies – Advertising   –  GDPR (EU users) –  CCPA (California users) –  CalOPPA (DoNotTrack disclosure) –  Direct marketing II.                LOOK AND FEEL:   ·         Preview without having to fill in…

Free ToS Generator Reviewed: Shopify

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1 min read

My evaluation of Shopify’s free Terms and Conditions generator. What liability protections are included? Disclaimer of warranty, limitation of liability, indemnity.  Free preview without having to fill in fields or give email? No. Must fill in fields, give email and then follow the link in the email, even though everybody gets more or less the same template in the end.  Appears professionally-written?  Yes. …

Free ToS Generator Reviewed: Cooley GO

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1 min read

My evaluation of the Cooley GO’s free Terms of Use generator. What liability protections are included? Disclaimer of warranty, limitation of liability, indemnity, waiver of class action..Included release of future claims won’t be enforceable in many cases but it doesn’t hurt that they have included it.  Free preview without having to fill in fields or give email?  No. Must fill in fields…

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AI Lawyer Explains Bylaws (GPT-3)

https://youtu.be/FYoKEu-_bz8 My GPT-3 based AI Lawyer-paralegal does a great job explaining corporate bylaws and gives some drafting tips. Hi! Welcome to Los Angeles! I am an AI Lawyer, powered by a GPT-3 language model that uses deep learning to produce human-like text. When starting a business, one of the first things you will need to do is create a legal agreement that will outline the basic rules that govern your company. I will list the top 10 common issues you need to consider when drafting such an agreement. Whether it’s an LLC Operating Agreement, bylaws of a corporation, or a…

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What You Need To Know About Restricted Stocks

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“Restricted stock” is normally common stock that is subject to regular transfer limitations for private company stock as well as buyback or forfeiture depending on a vesting schedule. Vesting is typically done over a four-year period (with an optional one-year cliff, meaning the first vesting event occurs at 12 months) and is contingent on the shareholder continuing to be an…

Nasdaq considers crypto trading despite market turmoil

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Nasdaq Inc. is making its first significant push into crypto to capitalize on big-money investors’ appetite for digital currencies. The US exchanges operator launched a digital assets services business on Tuesday, starting with crypto token custody for institutional investors. The New York company, which handles billions of dollars in daily Apple and Tesla share deals, is also considering digital asset…

Colorado is now accepting cryptocurrency tax payments

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Colorado taxpayers may now pay their taxes in Bitcoin, Ether, and other cryptocurrencies via a one-of-a-kind state tax payment scheme in partnership with PayPal, according to the state’s Department of Revenue on Tuesday. Individuals and businesses will be allowed to utilize bitcoin assets to pay tax obligations under Colorado’s principal tax programs, which include the individual income tax, corporate income…

Congressional Whales ETF Filed

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The majority of Americans believe that politicians have an “unfair” advantage in the stock market and that they should be banned by law from trading stocks. Even though they didn’t get what they wanted with the latter, we’ll be able to ride on the former, if two proposed exchange traded funds are approved by the US regulator. New York-based Subversive…

США готовы предоставить убежище российским мужчинам, бегущим от мобилизации

Пресс-секретарь Белого дома Карин Жан-Пьер заявила, что США «приветствуют любых российских граждан, ищущих убежища” в США после бегства от мобилизации. Жан-Пьер сделала это заявление во время брифинга для прессы в Белом доме. «Я знаю, что Белый дом провел различие между российским правительством и народом России. Есть ли у президента послание для некоторых из этих людей, которые отчаянно пытаются бежать из…

Could Tovarisch Edward Snowden Be Drafted to Fight in Ukraine?

Yesterday, Putin granted Russian citizenship to Edward Snowden. Could tovarisch Snowden now be drafted to fight in Ukraine? Russian law says yes, unless he has health problems or falls under one of the rare exceptions. Background Edward Snowden, a former National Security Agency contractor who exposed top-secret American surveillance systems and is still sought by Washington on espionage charges, was…

Белый дом начинает борьбу с криптовалютой

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На этой неделе Белый дом представил серию отчетов о намерениях администрации регулировать отрасль, подкрепленных указом президента. Поощряя инновации, в том числе потенциальное развитие «цифрового доллара», поддерживаемого Федеральной резервной системой, отчеты призывают регулирующие органы, такие как Комиссия по ценным бумагам и биржам и Комиссия по торговле товарными фьючерсами, «активно проводить расследования и принимать принудительные меры». Сообщения появились после того, как Белый…

Суд отклонил иск Трампа против Клинтон.

Федеральный суд Флориды отклонил иск бывшего президента США Дональда Трампа. В иске утверждалось, что бывший госсекретарь Хиллари Клинтон и другие лица вступили в сговор с целью опорочить его репутацию. Он был подан в марте в рамках гражданской версии закона о рэкете, который обычно применяется против организованных преступных групп. В иске Трампа более двух десятков ответчиков обвинялись в организации «злонамеренного заговора…

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