Artificial intelligence (AI) isn’t just a buzzword anymore; it’s becoming part of everyday business life. From chatbots that answer customer questions, to software that helps you draft marketing copy, to tools that can review or draft documents, AI is helping businesses work faster, cheaper, and sometimes smarter.

But like any powerful tool, AI comes with both positives and pitfalls. As lawyers who work closely with business owners, we’ve seen where AI can be a game-changer, and where it can quietly create legal headaches and financial and personal brand nightmares.

ChatGPT is a sophisticated artificial intelligence technology (A.I) developed by OpenAI, which is designed to generate human-like responses to natural language queries. While this technology has numerous benefits, it also presents legal risks that companies should be aware of to protect themselves from potential legal liabilities.