• According to a recent survey by Corporate Counsel: “… legal departments in some of the largest global companies are looking to bring AI in-house. The market for AI tools is heating up with no end in sight, and some former general counsel are moving into AI tech startups, confident that the technology is what the industry needs.” (BUT!) “… most corporate legal teams are not ready to adopt AI in the near future, nor do many understand its application.” Note “some” in the first line. The story does a good job explaining the hesitancy and confusion about AI among GCs.

 

  • Latham & Watkins reports that the US Senate is on track to introduce autonomous vehicle legislation similar to the House’s SELF DRIVE Act. One notable difference, the Senate version does not address commercial vehicles.

 

  • MoFo announced the results of its semi-annual Tech M&A Leaders’ Survey, which shows dealmakers expect technology M&A to remain robust over the next 12 months. AI is predicted to be a very strong driver.

 

  • This piece is about consulting practices, but the basic argument applies to the practice of law, and using AI to sift through mountains of data to find the elusive bits upon which an argument might hinge.

 

  • Rajah & Tann Asia has adopted Luminance’s artificial intelligence technology to enhance its due diligence processes for M&A transactions.

 

  • Here’s why and how you should use big data to set your fees for legal matters. And here’s why you need to undertake some process reengineering first.

 

  • China’s top e-commerce firm, Alibaba is investing $15 billion (yes, that’s a “B”) to build overseas research hubs in China, Israel, the United States, Russia and Singapore and is hiring 100 researchers to work on AI, quantum computing and fintech. Meanwhile, in this video, the U.S. chief of Chinese search giant Baidu, says “AI is the single most important force of our time.”

 

  • This article may be overstating the hype a bit — that is to say, things will develop faster than the author predicts, but it’s a very good read about AI’s potential, long and short term.

 

  • A couple of days ago I posted about Google new headphones capable of simultaneous translation across 40 languages. This author is skeptical (to say the least). Still, it will be very interesting to see how this AI application plays out.

 

  • I have a feeling AI will soon surpass humans regarding emotional intelligence. This author agrees.