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Sema CEO letter: February 2024

Feb 21, 2024
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Happy February, all.


As we pass the midpoint of Q1 2024, the headlines about the potential problem-solving impacts of AI are inescapable. Equally clear is the news about the potential litigation, compliance requirements, and intellectual property risk from GenAI.

Sema is offering you three ways to mitigate GenAI risk while capturing the benefits. Just get in touch if you want to learn more.

1. No-Cost GenAI Provenance Report with GBOM (GenAI Bill of Materials)

This report will allow you to see GenAI usage at the product and developer levels on a portion of your codebase. You’ll receive a complimentary report and GBOM detailed worksheet.

2. GenAI Compliance Tracker

We have built the most comprehensive set of GenAI compliance risks, categorized by usage, industry and geography, along with prioritization and recommended remediation. with suggested actions about how to mitigate them. Subscribers can opt into customized email alerts. You can learn more here.

3. GenAI detection for technical due diligences

We're bringing our expertise analyzing > $1T of organizations to help acquirers, investors and investors, understand the practical risks of GenAI in the codebases that they are acquiring.

Why take action now?

Sema is building a comprehensive taxonomy of potential risks based on all forms of GenAI usage. This includes adding GenAI to your products, using GenAI as internal tools, and relying on third party GenAI vendors.

Legislation and regulation are exploding— over 250 new or modified bills are being released every week in the US alone. Our Compliance Tracker helps keep you up to date.

The database’s legislative / regulatory components range from continental policies like the EU AI Act, which just passed a major milestone towards implementation, to a newly proposed California Bill that would ban certain forms of GenAI edtech in California Community Colleges.

Conclusion


The biggest GenAI risk we have identified is getting left behind due to not using GenAI while competitors who are using GenAI leapfrog ahead.

We estimate that organizations have up to 12 months to be taking advantage of GenAI at scale.

We are building products to help you get there, responsibly.

As always, I’d welcome hearing from you.

Keeping track of global GenAI compliance standards 

Periodically, Sema publishes a no-cost newsletter covering new developments in Gen AI code compliance. The newsletter shares snapshots and excerpts from Sema’s GenAI Code compliance Database. Topics include recent highlights of regulations, lawsuits, stakeholder requirements, mandatory standards, and optional compliance standards. The scope is global.

You can sign up to receive the newsletter here.

About Sema Technologies, Inc. 

Sema is the leader in comprehensive codebase scans with over $1T of enterprise software organizations evaluated to inform our dataset. We are now accepting pre-orders for AI Code Monitor, which translates compliance standards into “traffic light warnings” for CTOs leading fast-paced and highly productive engineering teams. You can learn more about our solution by contacting us here.

Disclosure

Sema publications should not be construed as legal advice on any specific facts or circumstances. The contents are intended for general information purposes only. To request reprint permission for any of our publications, please use our “Contact Us” form. The availability of this publication is not intended to create, and receipt of it does not constitute, an attorney-client relationship. The views set forth herein are the personal views of the authors and do not necessarily reflect those of the Firm.

Want to learn more?
Learn more about AI Code Monitor with a Demo

Are you ready?

Sema is now accepting pre-orders for GBOMs as part of the AI Code Monitor.

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