Host Gary J. Ross talks with Heather L. Rosing, CEO and President of Klinedinst PC.  With an extensive background in litigating attorney malpractice cases, Heather offers insight into the various ethics issues faced by venture capital lawyers, including “who is the client?” questions; obligations to investigate wrongdoing after the client has stopped paying; the ABA rules for business transactions with clients and potential conflicts of interest; and, of course, the importance of always having an engagement letter. Gary and Heather conclude by discussing rules for communicating with represented and unrepresented parties in transactions.

VC Law: Episode 18: Ethics Issues for Venture Capital Lawyers

Jambo - E18 (Nightcore Remix)

From ancient times what we now call mathematical models have been used to predict the arrival of seasons, comet returns, and eclipses.  With sophisticated mathematics, good data gathering, and modern computers we can now predict things like the tides and the trajectories of interplanetary probes with considerable accuracy.  We have also made progress in predicting weather.

For some phenomena, for example earthquakes, we are still seeking to develop predictive models.

As we heard in Episode 2 of this podcast, AI systems can be described as making predictions based on models, models that are trained on vast collections of data.  These models seem intuitively different from the others.  However, some truths hold for both kinds of models, in particular while "all models are wrong, some models are useful," as is explained by our guest in this episode in which we explore the world of models with Dr Erica Thompson.

New tracks tagged #E18