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