The IP system was designed to incentivise innovation by rewarding human creativity, granting monopolies in exchange for contributing to human knowledge. In a world of laws designed for humans, generative AI raises new questions on how a system designed to reward human ingenuity can be applied in the 5th Industrial Revolution. Starting with a whistle-stop tour of the how, what and why of obtaining patents and registered design protection, this session will look at where IP law stands on the ownership of inventions and designs created using AI, and will consider the challenges and risks that AI brings in IP.