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Can Use of AI Impact Ownership and Citations in Academic Work?

I am aware that students are engaging with generative AI inside and outside of the academic setting. If they enter their own work (an essay, research paper, etc.) into Chat-GPT or CoPilot for editing, or other purposes, do they forfeit any of their intellectual property rights in doing so in ways that would affect the future publication of their work?

Additionally, are there any current legal ramifications for failing to declare the use of generative AI or failing to cite AI usage? I am aware of policy, and reputation, ramifications that can vary depending on the exact situation, so I’m specifically curious about if there are any legal repercussions for doing so.

Thank you so much for your help!