Two very interesting things in a NDA today
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Non-Disclosure agreement, that is.
Had to sign one for a meeting tomorrow with an VC firm that is putting money into a gene editing biotech for AATD.
First thing - a clause saying you agree not to feed their confidential information into any AI model. I imagine this is going to be standard soon enough.
Second thing - a clause that said, in case of a dispute, we would flip a coin to see what state’s laws would prevail. Either where they’re incorporated or where we are. It specified a US quarter.
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We sign thousands of NDA's - we also use AI, but it's a restricted version that stays inside the company - presumably that will help with this sort of situation.
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