- Read this ==> Here’s “Stagnation And The Legal Industry (Part 2) What Real Transformative Change Could Look Like: Envisioning a radically changed future for legal services,” the followup to Ken Grady’s recent provocative piece. The first step he describes (digitization of contracts, laws, decisions, etc.) is not at all far fetched. Then Ken gets into AI: as a tool, as an owner of IP (?), and as a liable entity (?). As is repeated so often when discussion AI, “it’s all in (or ‘about’) the data.” Ken also paints a picture in which risk management regarding the law will be less risky. I especially like Ken’s distinction between law firms and law companies as they strive to provide service to clients that is better, faster and cheaper (my words). As he points out, “this is one version of the future.” It is a thought-provoking one.
- “…7-Eleven is rolling out artificial intelligence at its 11,000 stores across Thailand…. 7-Eleven will use facial-recognition and behavior-analysis technologies to identify loyalty members, analyze in-store traffic, monitor product levels, suggest products to customers, and even measure the emotions of customers as they walk around. “…(I)t will be using technology developed by US-based Remark Holdings, which says its facial-recognition technology has an accuracy rate of more than 96%.” More here.
- Law firm (and KPMG) news:
Mintz Levin: “AI: The Path of the Future or Industry Hype?” This is a good overview of the history and state of AI, including a bit about AI and IP, including Alice.
Brinks Gilson & Lione: “Trade Secret Theft Cases Reflect A Ferocious Race To Be First In The Autonomous Vehicle Space.”
Jackson Lewis: “Partners with Ross Intelligence on Firm-Wide Artificial Intelligence Initiative.”
KPMG: “Rolls Out AI-Driven Tax Doc Review With IBM Watson.” (From Artificial Lawyer.)
- For your Friday musings, several guesses as to what our AI world will be like in 50 years. Interesting.