In this episode, Katherine Forrest and Scott Caravello sit down with Brian Daly, Director of the SEC's Division of Investment Management, to discuss how the Commission is integrating AI into its operations and encouraging innovation across the securities industry. They explore topics ranging from modernizing the rulemaking process in the AI era to the opportunities AI presents for retail investors.

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Learn More About Paul, Weiss’s Artificial Intelligence practice: https://www.paulweiss.com/industries/artificial-intelligence

In this episode, Katherine Forrest and Scott Caravello discuss the White House Accord on Super Intelligence, a voluntary pact among major AI developers, before turning to two technical developments designed to help AI models reliably follow rules. They explore HardFlow, a technique proposed by MIT researchers intended to ensure flow-matching models used in areas like robotics take safe actions, and JEV, an AI model from TypeSafe AI designed to promote structured decision-making.

For the sources referenced in this episode, please see the links below:

HardFlow: Hard-Constrained Sampling for Flow-Matching Models via Trajectory Optimization

The White House: Inaugurating The Era of Super Intelligence

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Learn More About Paul, Weiss’s Artificial Intelligence practice: https://www.paulweiss.com/industries/artificial-intelligence

In this episode, Katherine Forrest and Scott Caravello examine “The Pain Axis,” a new research paper that identifies a pain-like signal inside large language models and tests whether it shapes model behavior. They walk through the study’s experiments, results and limitations, and consider the broader questions it raises about consciousness, alignment and model welfare.

For the sources referenced in this episode, please see the links below:

Anthropic: 2026 Usage Policy update

arXiv: The Pain Axis: LLMs Represent Self-Directed Harm and Act on It

In this episode, Katherine Forrest and Scott Caravello examine the latest personal AI agents, including Meta’s Muse and the startup Instinct, discussing what they do, how they work, and the safeguards implemented in the tools.

For the sources referenced in this episode, please see the links below:

Meta: How We Designed Muse

TechCrunch: Instinct’s powerful AI assistant is raising privacy and security concerns

In this episode, Katherine Forrest and Scott Caravello explore how victim impact statements, sentencing standards, and generative AI intersect in a recent Arizona Court of Appeals decision. They discuss the case’s procedural history, including the lower court’s reasoning and the role of the judge’s remarks, as well as broader questions about how advances in synthetic media could shape future proceedings.

For the sources referenced in this episode, please see the links below:

Arizona Court of Appeals: State v. Horcasitas

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Learn More About Paul, Weiss’s Artificial Intelligence practice: https://www.paulweiss.com/industries/artificial-intelligence

In this episode, Katherine Forrest and Scott Caravello track the path from model release to government review, covering the Fable 5 and Mythos 5 saga, GPT 5.6's gated rollout, and a discussion draft of a bill that would give AI agents formal duties to their users while guaranteeing users can leverage agents to access major platforms.

For the sources referenced in this episode, please see the links below:

Morgan Stanley: Here Come the Shopping Bots

Office of Senator Mark R. Warner: Artificial Intelligence Access, Gatekeeper Exchange, and Nondiscriminatory Transfer Act (AI AGENT Act)

OpenAI: GPT-5.6 Preview System Card

U.S. Supreme Court: Trump v. Slaughter

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Learn More About Paul, Weiss’s Artificial Intelligence practice: https://www.paulweiss.com/industries/artificial-intelligence

In this episode, Katherine Forrest and Scott Caravello break down the discovery of hidden steganographic tracking code inside Anthropic's Claude Code, the FTC's proposed statement on AI output accuracy and disclosure, and IBM's warning that the quantum threat to internet encryption may already be in motion.

For the sources referenced in this episode, please see the links below:

Anthropic: Letter to Senators Tim Scott and Elizabeth Warren Re: AI Distillation Threats

FTC: Proposed Policy Statement Concerning the Suppression of Accuracy in Artificial Intelligence Systems

IBM: Q-Day has already begun. Are you ready?

Thereallo: Claude Code Is Steganographically Marking Requests

Prior Paul, Weiss Waking Up With AI Quantum Episodes:

• Ep. 107 – Degrees of Change: How Quantum Could Transform AI Infrastructure
• Ep. 54 – Defining Quantum Computing: Part 2
• Ep. 53 – Defining Quantum Computing

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Learn More About Paul, Weiss’s Artificial Intelligence practice: https://www.paulweiss.com/industries/artificial-intelligence

In this episode, Katherine Forrest and Scott Caravello explore the rise of Chinese open weight AI models, breaking down the innovative engineering techniques behind their efficiency and the significant cost advantages driving their rapid adoption among developers worldwide.

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Learn More About Paul, Weiss’s Artificial Intelligence practice: https://www.paulweiss.com/industries/artificial-intelligence