• From Law.com, an article by Danny Tobey, a Vinson & Elkins partner, titled, “AI is Here, Is Your Company Ready? (Hint: No).” First, a bit of hype:”The scale and scope of artificial intelligence is well-described. Merrill Lynch predicts an “annual creative disruption impact” of $14 to $33 trillion by 2025. Accenture estimates AI could double annual economic growth for 12 developed nations by 2035. Stephen Hawking predicts ‘the rise of powerful AI will be either the best, or the worst thing, ever to happen to humanity.'” Then the article gets into a solid description of several of the law-related consequences of AI, for which we are generally ill-prepared, or not prepared at all.

 

  •  Artificial Lawyer reports that IBM’s Cognitive Legal AI group and blockchain pioneer Integra Ledger have … launched the World NDA Project, which seeks to revolutionise contract management and analysis by combining AI and blockchain technology.

 

  • Here’s a ranking of the 100 most promising private artificial intelligence companies in the world.

 

  • One of the obstacles facing AI on several fronts is our seeming inability to understand how its decisions are made (as is obvious with rules-based systems). Such explanations are very important with AI systems making military decisions and when legal disputes involve actions taken by or caused by AI. This article from the NYT explains the problem in some depth and details research underway to try to move beyond AI as a black box.

 

  • Artificial Lawyer reports that legal tech start-up PartnerVine has launched an automated legal contract product for corporations, in conjunction with Big Four firm, PwC.

 

  • (Password Required) This is a good summary of a recent Legal Marketing Association “Twitter Chat” about AI.

 

  • This white paper presents the thoughts of Bas Boris Visser, Clifford Chance partner, about “Artificial Intelligence and the Future for Legal Services.” It is largely focused on international law.

 

  • This piece: “Will Regulating Artificial Intelligence Lead to a Brave New World or the End of It?” is a good example of why one must take care when surfing the Web for articles on AI; some oversimplify and/or get their facts wrong.

 

  • This article reports that Hillary Clinton says we need to do more to get ready for the large scale implementation of AI: “We are totally unprepared for the rise of artificial intelligence.”

 

  • The Irish Times reports that “artificial intelligence is set to rewrite rules for legal profession.” The article quotes Dan Fox, founder of ALSP Johnson Hana International, as saying, “It is an industry that is in desperate need of disruption. It is very traditional, extremely inflexible and ridiculously expensive….” The article goes on to quote several other authorities as it explains how AI is likely to supplement lawyers rather than replace them.

 

  • In this short piece, Adriaan Louw and Patrick Bracher of Norton Rose Fulbright describe a recent AI versus lawyer competition, and suggest that lawyers need not fear AI, and that “(T)hose who fear the disruption of AI in their career should consider becoming a preaching dentist.”

  • And here, several Norton Rose Fulbright lawyers weigh in on “Future of Transport: Electric vehicles and autonomous vehicles.”

 

  • Osborne Clarke is a member of the consortium working on the ADAS&ME project – an EU digital transport initiative set up by the European Commission. (ADAS&ME stands for “Adaptive Advanced Driver-Assistance Systems (ADAS) to support incapacitated drivers Mitigate Effectively risks through tailor-made Human Machine Interface (HMI) under automation”.)

 

  • Press Release: “Digital Economy Technology Service for Lawyers” is a research service offered by Wintergreen Research.  It is reported to be “a way for lawyers to get quick and accurate insight into technology that relates to their caseload.”