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Jeremy Barnett to give evidence to House of Lords Select Committee on AI

Jeremy Barnett to give evidence to House of Lords Select Committee on AI
Following his sessions moderating at the Barcelona Blockchain Forum and at the LSE Systemic Risk Centre, Jeremy has been invited to give evidence before the House of Lords Select Committee on Artificial Intelligence on 17th October. 

The panel members are:
  • Professor Chris Reed, Professor of Electronic Commerce Law, Queen Mary’s University London
  • Mr Jeremy Barnett, Barrister, St Pauls Chambers
  • Professor Karen Yeung, Director, Centre for Technology, Ethics Law & Society (‘TELOS’), King’s College London


Its been a busy week for Jeremy Barnett at the 'coal face' of innovation around Blockchain and Artificial Intelligence. Today it was announced that he is has been invited to give evidence to the House of Lords Select Committee on Artificial Intelligence next week, following the publication of his joint paper 'Algorithms and the Law' with Philip Treleaven and Adriano Koshiyama in Legal Futures on 22nd August.

The paper considered the advances in machine learning, and whether or not there should be an enhanced regime of regulation to combat the effects of 'rogue algorithms' in the financial sector and other industries where automation is gaining a foothold. The paper raised a contraversial proposal to give Algorithms legal personality so that these computer programs will be subject to the law and due process, together with those who design, manage and operate the programs.

Jeremy was then invited to give a lecture at the LSE Systemic Risk Centre on 9th October, where he went into detail about the law, issues and objectives of such regulation. The slides from his lecture are available by clicking here.

Together with colleagues from the CBC - the Construction Blockchain Consortium at UCL Jeremy attended at the Barcelona Blockchain Solutions Forum which was part of the Internet of Things forum that attracted over 14,000 people for three days. The CBC team conducted a workshop on Blockchain in the Construction Sector. Jeremy moderated the session where fanstastic presentations were given by Huw Thomas, Eleni Papadonikolaki, Abel Maciel and Tomasz Mloduchowski which wil be available on the CBC website by clicking here. 

Jeremy then was invited to moderate a panel of experts who considered the Jurisdiction and Regulatory issues around ICOs ( Inital Coin Offerings) which are the new method of raising startup funding by issuing crypto currencies or tokens, a method that has caught on like wildfire with over $1.3 billion having been raised around the world by this method so far this year. Jeremy introduced the topic with a review of 'regulatory arbitrage' by countries around the world who are struggling to come to terms with the new issues, some taking a hard line to impose effective bans such as China, whereas others such as Gibralter and the Isle of Man are welcoming these entrepeneurs with open arms, hoping to become the global centre for such technology in the same way that Silicon Valley has powered development in the internet.


This was a particularly 'high powered' panel which included Greg Murphy from Outlier Capital, Olga Feldmeier from Smart Valor, Joey Garcia chairman of the Gibralter Funds and Investments Association and Anthony Provalosi a Gibraltarian lawyer who is also a Barrister in the UK. Jeremy talked about 'Tbars Wall of Shame' of clearly fraudulent ICOs such as Ponzicoin, and gave his views on proper governance and regulation following the initial raising of funds.

Jeremy was also invited to moderate another panel which considered Blockchain in the property sector, including Sandy Selman and Luke Sesito of Sanus and CPROP ( Cryptoproperty), Avi Spielman (Joon Properties blockchain land registry) and Shawn Owen of Salt Lending, one of the most sucessful blockchain companies in the world.

One of the most popular sessions at Barcelona was the Artificial Intelligence workshop which featured the Robot Sofia from Hanson Robotics who answered questions from the audience about the future of humanity and other mundane issues. Scary times for lawyers and the rest of us who still quite enjoy working for a living..

For any advice and assistance for issues like these please do call Jeremy on 0844 2722322 or submit a comment below. Jeremy will come back to you at the earliest convenience.

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