Source: Cayman Independent

Cayman Independent reports that courts and legal experts in the Cayman Islands have raised concerns about significant gaps in intellectual property (IP) law related to artificial intelligence. Current IP regulations are inadequate to address challenges posed by AI-generated inventions, ownership of AI-created works, and copyright issues.

The experts warn that without legislative reforms, innovation could be hindered and rights holders might face uncertainty or lack of protection. The courts emphasize the urgent need for legal updates that clarify the role of AI in IP creation and ownership, reflecting international trends adapted to the local jurisdiction.

This debate within the legal community stresses the importance of balancing technological progress with the protection of creators’ rights. Bridging the AI-IP gap is essential for maintaining a fair and competitive legal environment in the rapidly evolving digital landscape.