Artificial Intelligence (AI) is creating much excitement for numerous industries thinking of new products and services with patent applications increasing to the USPTO for AI-related inventions. Kate Gaudry, a partner at Kilpatrick Townsend and Stockton, uses LexisNexis PatentAdvisor® to evaluate the success of these patent applications. Gaudry states: “The U.S. right now is a strong leader in artificial intelligence.” However, she found that of applications give a primary classification of AI-related, about 90% got initial rejection letters saying they were abstract ideas. Read more of this article to learn the results of her research in the recent Bloomberg article: “Who Profits From AI? It’s Getting Harder to Find Out”
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