Licensing in the Age of AI May 12, 2020 | 12:00 PM EDT - 4:30 PM EDT An Online Leading Edge Series Meeting Georgia Intellectual Property Alliance (GIPA) GIPA Presented by LES and the

Advances in artificial intelligence and data analytics are impacting many industries from financial services to healthcare to communications. This rapidly changing environment is creating tremendous opportunity, and managing the relevant intellectual capital has never been more complex.

Join industry thought leaders and strategy-makers for this online meeting to explore and discuss how leading organizations are creating, protecting and monetizing AI as a form of IP.

Keynote Speaker

Vinay Iyengar

Investor, Bessemer Venture Partners

Vinay joined Bessemer in 2017 as an investor in the New York office. He spends his time exploring early-stage software and internet opportunities, with a focus on machine intelligence, infrastructure, marketplaces, and mobile.

His career in venture capital began at Clayton Christensen’s Rose Park Advisors where he led the firm’s exploration of machine intelligence. Previously, he spent time as a quantitative trader at Goldman Sachs, a machine learning engineer at Intel, and co-founded a Harvard Innovation Lab-backed enterprise software startup. He’s also conducted extensive cryptography research leading to two peer-reviewed publications.

Vinay is a graduate of Harvard where he studied computer science and economics. He occasionally blogs on The Vin Diagram, exploring his interests at the intersection of technology, investing, and policy.

Vinay Iyengar


All times are EDT

12:00 PM – 12:30 PM

Keynote Address - Implementing AI in the Age of COVID19

Join venture capitalist Vinay Iyengar as he discusses the recent advances in AI, the key considerations for implementing AI in your product, and why COVID19 presents new opportunities to build AI systems.
Keynote Speaker: Vinay Iyengar, Investor, Bessemer Venture Partners

12:35 PM – 1:35 PM

Panel One: Training Sets and AI: Identifying and Setting Up the Right Package to Monetize

Data is being generated at an alarming speed and is critical to the success of many organizations. Data types include proprietary information from commercial and industrial processes, customer data, data generated from AI and other analytics, sensitive personal data, and public data. Successful tools, products, and business models frequently require data from multiple sources resulting in combined and derived data sets.

The panel will explore issues around the creation, ownership and monetization of complex mixed data sets. A panel of IP owners from diverse industries will discuss strategies employed to optimize business outcomes while protecting sensitive data and privacy.

Moderator: Charles Macedo, Partner, Amster, Rothstein & Ebenstein LLP


  • Alain Briancon, PhD, Chief Technology Officer, Cerebri AI
  • Kevin Cranman, Business, Technology and IP Lawyer, Kevin Cranman, LLC
  • Laura Himelstein, Vice President & Assistant General Counsel, EXL Service
  • Efrat Kasznik, President, Foresight Valuation Group, LLC

Panel Sponsor: Amster, Rothstein & Ebenstein LLP

1:35 PM – 1:45 PM


1:45 PM – 2:45 PM

Panel Two: Owning What AI Creates

On August 1, 2019 the University of Surrey issued a press release claiming that it was pursuing US and European patent protection for the world’s first AI invention. Shortly thereafter on August 21, 2019, the USPTO promulgated a “Request for Comments on Patenting Artificial Intelligence Inventions”, and in October 2019 expanded the RFC to include examination of copyright, trade secret, and trademark protections for works and outputs generated by AI. While some believe that AI technology is a long way off from creating inventions or works without intervention or involvement by humans, businesses and governing bodies are preparing now for the day when the creative genius in their midst is comprised of zeros and ones.

We will discuss the challenges facing the scope of patent, copyright, and trade secret protections, and techniques for using licensing terms to protect against gaps in IP protections. Our panelists will discuss the state of the AI ecosystem across several industries, and trends to look out for as the AI economy continues to evolve.

Moderator: Chad Rutkowski, Partner, Baker Hostetler


  • Dean Alderucci, Director of Research, Center for AI and Patent Analysis, Carnegie Mellon University
  • Fotis Konstantinidis, Managing Director Artificial Intelligence and Digital Transformation Practice Leader, Stout Risius Ross, LLC
  • Elizabeth Lester, Assistant General Counsel, IP, Equifax

2:45 PM – 3:00 PM


3:00 PM – 4:00 PM

Panel Three: Extraction of Value from IP Created by AI

Behind the legalities of ownership and protection lies the driving factor for companies investing in AI – the value of IP created by AI. Panelists from a variety of industries will discuss valuation models for the IP, field of use restrictions and permission requirements in contracts for licensing or sale of IP, and commercialization strategies.

Moderator: Terry Bray, Director of Technology Licensing, Georgia Tech Research Corporation


  • Deven Desai, Attorney/Associate Professor, Georgia Tech
  • Amir Ghavi, Partner, Fried, Frank, Harris, Shriver & Jacobson LLP
  • DJ Nag, Chief Investment Officer, Ventech

4:00 PM – 4:30 PM

Networking Session


Amster Rothstein & Ebensterin


Dean Alderucci

Dean AlderucciDean Alderucci is the Director of Research for the Center for AI & Patent Analysis at Carnegie Mellon University, the world’s first research center devoted to developing AI for the patent domain. In this position he conducts and leads original research in Natural Language Processing and Machine Learning algorithms that are tailored to the unique challenges of patent law and practice. This work includes developing AI software that better understands patents, patent claims, patent prosecution tasks, patentablity requirements, and patent practice work flows. Much of this research involves translating aspects of patent law, patent prosecution, and legal reasoning into novel data sets, neural network architectures, and algorithm training strategies.

Dean frequently speaks on applying AI to the IP field and to the legal domain. He also advises corporations and law firms on best practices for implementing Machine Learning and Natural Language Processing technologies, and on creating customized AI tools for the legal domain.

He was previously Chief IP counsel for a global financial services firm, and before that Chief Counsel for a business incubator. He has taught graduate courses in innovation strategy, Intellectual Property, and Natural Language Processing at the University of Chicago, New York University, Carnegie Mellon University, and Dartmouth College. He is a Fellow of the National Academy of Inventors.

Terry Bray

Dr. Terry BrayDr. Terry Bray is the Director of Technology Licensing at Georgia Tech Research Corporation (GTRC) and has 30 years experience in the creation, development, and commercialization of innovative technologies. Prior to joining GTRC, he held positions as the Executive Vice President of Business Development at Atherotech Diagnostics Lab, at the University of Alabama at Birmingham (UAB) as the Director of Physical Sciences in the UAB Institute for Innovation and Entrepreneurship (formerly the UAB Research Foundation), in the Office of Technology Transfer at North Carolina State University as a Senior Licensing Associate, and at UAB as a researcher and faculty member in the department of Biomedical Engineering. Dr. Bray has extensive experience the management, patenting, and licensing of intellectual property, as well as facilitating start-up company formation and economic development. While a researcher at UAB, Dr. Bray developed several technologies that were commercialized and is an inventor on several issued patents. Dr. Bray holds a B.S. in chemistry from Mercer University, a M.S. in chemistry from the Georgia Institute of Technology, and a Ph.D. in chemistry from the University of Alabama at Birmingham.

Deven Desai

Deven DesaiDeven Desai is a professor at the Georgia Institute of Technology, Scheller College of Business. He joined the faculty in fall of 2014 in the Law and Ethics Program. He was also the first and, to date, only Academic Research Counsel at Google, Inc., and a Visiting Fellow at Princeton University’s Center for Information Technology Policy.

Professor Desai’s scholarship examines how business interests, new technology, and economic theories shape privacy and intellectual property law and where those arguments explain productivity or where they fail to capture society’s interest in the free flow of information and development. His work has appeared in leading law reviews and journals including the Georgetown Law Journal, Minnesota Law Review, Notre Dame Law Review, Florida Law Review, Wisconsin Law Review, U.C. Davis Law Review, Brigham Young University Law Review, and Harvard Journal of Law and Technology.

Prior to becoming a professor, Desai has been a litigator handing intellectual property and technology matters with Quinn, Emanuel, Urquhart, & Sullivan, LLP, in-house counsel for an idealab! Internet infrastructure company, and part of the policy and fundraising teams on the 2002 Cory Booker for Mayor campaign.

Professor Desai has been interviewed about 3D printing, intellectual property, privacy, and technology by the New York Times, the Atlanta Journal-Constitution, NBC News, and the news show, Take Part Live. He has blogged about technology, intellectual property, and privacy at Concurring Opinions.

He is a graduate of the University of California, Berkeley with highest honors and the Yale Law School, where he was co-editor-in-chief of the Yale Journal of Law & the Humanities.

Amir Ghavi

Amir GhaviAmir R. Ghavi is a corporate partner resident in Fried Frank’s New York office and leads the Firm’s Technology Transactions Practice. Mr. Ghavi concentrates his practice on intellectual property transactions on behalf of multinational corporations, private equity sponsors, and venture capital firms in a variety of industry sectors, including software, financial technology, high-technology, aerospace, banking and insurance, biotechnology, pharmaceutical, and energy and industrial sectors.

Laura Himelstein

Laura HimelsteinLaura Himelstein is Vice President & Assistant General Counsel at EXL Service, where she reports to the General Counsel. Laura advises EXL on intellectual property matters, supports the company’s Analytics and Insurance business lines, negotiates client and vendor contracts, advises on privacy and information security matters, works with teams developing new products and services, and advises on risk and other matters. Laura has worked at EXL since 2011 and, prior to EXL, worked at an investment bank, large and small law firms, and for NYC governmental agencies. Laura is a graduate of Fordham University School of Law and Yale College.

Efrat Kasznik

Efrat KasznikEfrat Kasznik is President of Foresight Valuation Group and a Lecturer at the Stanford Graduate School of Business. Efrat is a Silicon-Valley based valuation and intellectual property expert with two decades of consulting experience, focusing on assisting IP holders across industries with the creation, commercialization, and monetization of their intangible assets. She helps clients, ranging in size from Fortune 100 companies to start-ups, with IP and business valuations in support of licensing deals, IP and technology acquisitions, M&A transactions, financial reporting, strategic planning, and fundraising. She frequently serves as a testifying expert in disputes involving IP and startup valuations and damages. Efrat currently serves as Chair of the High-Tech Sector – LES USA-Canada and has been recognized as one of the top IP strategists in the world by IAM every year since 2013.

Fotis Konstantinidis

Fotis KonstantinidisFotis Konstantinidis is a Managing Director and leads the Artificial Intelligence and Digital Transformation practice. He has over 15 years of experience in data mining and advanced analytics, digital strategy, and integration of digital technologies in enterprises.

His experience includes data transformation and visualization, application of a broad range of machine learning algorithms to maximize real business value and data-driven assessments of digital initiatives and priorities. Fotis has also led large digital transformation programs in both private and public companies, and launched agile-driven digital solutions that were presented in international conferences and workshops.

Fotis started applying data mining techniques as a brain researcher at the Laboratory of NeuroImaging at UCLA, focusing on identifying data patterns for patients with Alzheimer’s disease. He was also one of the leads in applying machine learning techniques in the field of genome evolution. Fotis has implemented artificial intelligence (AI) in a number of industries, including mobile gaming, social media, banking, retail, automotive, and energy among others.

Prior to joining Stout, Fotis held leadership positions leading AI-driven products and services at CO-OP Financial Services, McKinsey & Company, Visa, and Accenture.

Elizabeth Lester

Elizabeth LesterElizabeth Lester is Intellectual Property Counsel at Equifax, where she manages the global intellectual property portfolio and provides counseling on intellectual property issues in transactional matters. Prior to joining Equifax, Elizabeth was an associate at Sutherland Asbill & Brennan LLP (now Eversheds Sutherland), where her practice was focused on patent prosecution and intellectual property transactions. Elizabeth received a J.D. from Georgia State University, a M.S. in chemical engineering from Georgia Institute of Technology, and a B.S. in chemical engineering from the University of Kentucky. She is actively involved in various professional and community activities, including serving as a board member of the Georgia Intellectual Property Alliance and Association of Corporate Patent Counsel, is co-chair of the Atlanta ChIPs Chapter, and is actively involved with raising money for the Leukemia & Lymphoma Society through Team in Training.

Charles R. Macedo

Charles MacedoCharles R. Macedo, a physicist by training, uses his comprehensive patent experience to tackle the most important and complex developments affecting IP strategy today, including subject matter eligibility under 35 U.S.C. § 101, divided infringement under § 271, and navigating PTAB and PTO proceedings. He has been counsel on amicus briefs to the Supreme Court in the influential subject matter eligibility cases decided in the past few years, including Alice, Mayo, Myriad, and Bilski.

Mr. Macedo is considered an authority on IP issues, and writes prolifically and lectures regularly as he tracks and analyzes in real time the most important developments affecting IP strategy and litigation. He is consistently at the forefront of complex and emerging patent issues in the financial services and transaction processing industries. Clients ranging from international banks, broker dealers and new business ventures call on Mr. Macedo to develop patent strategies, prepare patents, assert rights and defend against infringement claims.

He holds bachelor’s and master’s degrees in physics from The Catholic University of America and a law degree from Columbia Law School, all with honors. He was the sole law clerk to Hon. Daniel M. Friedman of the U.S. Court of Appeals for the Federal Circuit, 1989–1990. The recipient of the prestigious AIPLA Robert C. Watson Award, Mr. Macedo is included in Super Lawyers, IP Stars and Million Dollar Verdict. He also was a member of the Editorial Board for the American Intellectual Property Law Association Quarterly Journal and currently serves on the Editorial Board for Journal of Intellectual Property Law and Practice published by Oxford University Press.

DJ Nag

DJ NagDr. Dipanjan “DJ” Nag is currently the Chief Investment Officer leading the ventures group at Ventech Solutions. With a $800M+ contract with the Center for Medicare & Medicaid Services (CMS), Ventech is one of the largest providers of information technology services in healthcare to the US federal government. In this role, he invests in both internal and external technologies and collaborating with Central and Eastern European start-up ecosystems.

As an entrepreneur he led a number of start-ups in the intellectual property strategy, artificial intelligence, and medical device space. He has successfully assisted capital raise for many start-ups. As a consultant in patent monetization and intellectual property strategy he has worked with Fortune 500 companies, universities, and national governments. He was the Associate Vice President at The Ohio State University and Executive Director at the Office of Technology Commercialization, Rutgers University. DJ was Vice President at ICAP Ocean Tomo, a subsidiary of ICAP Plc, a $2B+ publicly traded company. Prior to that as a director at Ocean Tomo, he led patent auctions, IP markets, and was an inventor of the first IP exchange (IPXI).

He served on the Board of Association of University Technology Managers (AUTM) responsible for professional development globally (2012–2014). He led the global education program as the Sr. Vice President at the Licensing Executive Society (LES). In 2019 he was selected by the Intellectual Asset Management magazine (IAM) as one of the top 300 IP strategists globally. In 2005, he received the Howard Bremer Scholarship in technology transfer.

He is currently a professor of practice at Rutgers University and visiting faculty at Shizuoka University, Hamamatsu. He is an internationally acclaimed speaker and has delivered keynote addresses in USA, Japan, Poland, Brazil, Korea, Turkey, and many other countries on topics of technology commercialization, intellectual property, and innovation strategy. He holds a Ph.D. in biophysical chemistry and instrumentation, an MS in chemistry and computer sciences, an MBA from University of Nebraska-Lincoln.

Chad A. Rutkowski

Chad RutkowskiChad Rutkowski’s practice focuses on the intersection of copyright and technology. As co-lead of BakerHostetler’s Digital Transformation and Data Economy team, he assists clients in the midst of the “digital transformation,” helping them identify and capture the intellectual property (IP) in their valuable data, algorithms, and enterprise software. Clients rely on him to help identify their IP, to build internal processes for its management, navigate open source and other open innovation strategies, and to create licensing programs that enable full value realization. He further protects that value in disputes and litigation, whether through enforcing his clients’ IP rights or fending off attacks by competitors.

Chad is the principal author of the firm’s Beyond Source Code web tool, which digests all court decisions addressing the scope of copyright protection in the non-literal elements of source code. Chad writes and presents regularly on the robust protections afforded by copyright law to software, data, artificial intelligence, and related innovations. He has helped his clients protect innovations in healthcare technology, water management, smart cities, population health management, and online consumer lending.

Chad’s interest in how IP law has adapted to digital transformation began in his former role as a founder and business manager of a digital media publisher. Drawing from his professional and legal experiences, he co-leads the firm’s Technology & IP Transactions and Outsourcing practice team and contributes regularly to the firm’s IP blogs. Additionally, he is an active member of the Copyright Society of the USA and the ABA IP Law Section. Chad is AV Preeminent-rated by Martindale-Hubbell and has been voted by his peers as a Pennsylvania Super Lawyer and Rising Star.

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