Bermuda: New Technology

In part one of this two-part series about artificial intelligence contracts, I discussed the ways that contracts can mitigate, if not avoid, many of the risks associated with the development and use...

This is the first of a two-part article on how artificial intelligence contracts can be used to manage the development and use risks associated with such transformative technology.

As one of the leading offshore financial centres, home to approximately 70% of the world's offshore investment funds and with an absence of any direct taxation on companies or individuals, the Cayman Islands has become an attractive destination for technology entrepreneurs.

Organisations are increasingly using and relying on the many commercial advantages of artificial intelligence to model risk, fabricate simulated data, create analytical reports and even generate computer code.

Explore recent legislative developments from Bermuda and hear our experts' thoughts on the digital horizon, including the upcoming Bermuda Tech Summit.

Creators of technology, whether financial services software, biotechnology, data analytics solutions or otherwise, know how extremely expensive those development costs can be.