IP or Intellectual Property is a fundamental element that safeguards our uniquely human qualities like intellect, creativity, and inventiveness.
The three important categories of IP are: – Patents. – Trademarks. – Copyrights.
IPR has evolved in the US for centuries and is shaping the modern legal landscape. Even though the roots of IPR can be directly traced back to English Common Law, it has been modified according to the contemporary framework.
IPR plays a major role in AI development and deployment. To put it into simple words, both are interdependent.
As artificial intelligence continues to disrupt industries and drive innovation at an unprecedented rate, protecting intellectual Property is critical to creating a flourishing ecosystem of creativity, competition, and investment.