−Removed: We may face risks associated with our use of certain artificial intelligence and machine learning models
−Removed: Our business utilizes artificial intelligence and machine learning technologies, which are offered by third parties, to add AI-based applications to our offerings and to drive efficiencies in our business.
−Removed: As with many technological innovations, artificial intelligence presents risks and challenges that could affect its adoption, and therefore our business.
+Added: In addition to the other information set forth in this Quarterly Report on Form 10–Q, including the risk factor set forth below, you should carefully consider Item 1A.
+Added: “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2022, which could materially affect our business, financial position, and results of operations.
+Added: Risk factors which could cause actual results to differ materially from those suggested by forward-looking statements include but are not limited to those discussed or identified in this document, in our other public filings with the SEC, and those contained in Item 1A.
+Added: “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2022, incorporated by reference herein.
+Added: We use artificial intelligence in our business, as do certain of our business partners, and challenges with properly managing its use could result in reputational harm, competitive harm, significant unexpected expenses and legal liability, which may adversely affect our results of operations.
+Added: Our business utilizes artificial intelligence and machine learning technologies, which are offered by third parties, to add AI-based applications to our offerings.
Our offerings utilize machine learning algorithms, predictive analytics, and other artificial intelligence technologies.
If these artificial intelligence or machine learning models are incorrectly designed, the performance of our products, services, and business, as well as our reputation, could suffer or we could incur liability through the violation of laws or contracts to which we are a party.
+Added: If we fail to deploy AI as intended, our competitors may incorporate AI technology into their products or services more successfully than we do, which may impair our ability to effectively compete in the market.
+Added: In addition, market acceptance of artificial intelligence and machine learning technologies is uncertain.
Additionally, we are making, and plan to make in the future, investments in adopting artificial intelligence and machine learning technologies across our business.
−Removed: Artificial intelligence and machine learning technologies are complex and rapidly evolving, and we face significant competition from other companies in our industry as well as an evolving regulatory landscape.
−Removed: These efforts, including the introduction of new products or changes to existing products, may result in new or enhanced governmental or regulatory scrutiny, litigation, ethical concerns, or other complications that could adversely affect our business, reputation, or financial results.
−Removed: Changes to existing regulations, their interpretation or implementation or new regulations could impede our use of artificial intelligence and machine learning technology, and also may increase our estimated costs in this area.
−Removed: In addition, market acceptance of artificial intelligence and machine learning technologies is uncertain, and we may be unsuccessful in our product development efforts.
+Added: As a result, the integration of AI into our operations may not be successful despite expending significant time and monetary resources to attempt to do so.
+Added: Our investments in deploying such technologies may be substantial and may be more expensive than anticipated.
+Added: As with many technological innovations, artificial intelligence presents risks and challenges that could affect its adoption, and therefore our business.
+Added: Uncertainty in the legal regulatory regime relating to AI may require significant resources to modify and maintain business practices to comply with U.S.
+Added: laws, the nature of which cannot be determined at this time.
+Added: Several jurisdictions around the globe, including Europe and certain U.S.
+Added: states, have already proposed or enacted laws governing AI.
+Added: For example, on October 30, 2023, the Biden administration issued an Executive Order to, among other things, establish extensive new standards for AI safety and security.
+Added: Other jurisdictions may decide to adopt similar or more restrictive legislation that may render the use of such technologies challenging.
+Added: These obligations may make it harder for us to conduct our business using AI, lead to regulatory fines or penalties, require us to change our product offerings or business practices, or prevent or limit our use of AI.
+Added: If we cannot use AI, or that use is restricted, our business may be less efficient, or we may be at a competitive disadvantage.
Any of these factors could adversely affect our business, financial condition, and results of operations.
−Removed: In addition to other information set forth in this Quarterly Report on Form 10-Q, you should carefully consider the factors discussed in Item 1A.
−Removed: “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2022, which could materially affect our business, financial position, and results of operations.
−Removed: Risk factors which could cause actual results to differ materially from those suggested by forward-looking statements include but are not limited to those discussed or identified in this document, in our other public filings with the SEC, and those contained in Item 1A.
−Removed: “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2022, incorporated by reference herein.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.