• Better, faster, cheaper: from Artificial Lawyer, “The UK’s Serious Fraud Office (SFO) has announced a partnership with US-based legal data company, OpenText, to make use of its Axcelerate AI-driven doc review tool.The SFO said in a statement that ‘by automating document analysis, AI technology allows the SFO to investigate more quickly, reduce costs and achieve a lower error rate than through the work of human lawyers alone’.” More here from the Law Society Gazette.

 

  • Smart Contracts: More about the Accord Project: “Freshfields Bruckhaus Deringer, Allen & Overy (A&O), and Slaughter & May joined the Accord Project, which already has some of biggest law firms in the world as members. The project is pushing for the adoption of an open source technical and legal protocol that will accept any blockchain or distributed ledger technology – a so-called ‘blockchain agnostic’ standard.”

 

  • From Reed SmithUK government publishes the Digital Charter and reaffirms creation of the Centre for Data Ethics and Innovation.

 

  • From Knobbe Martens: “According to a U.S. Food and Drug Administration press release, Viz. AI Contact application was granted De Novo premarket review to Viz.AI’s LVO Stroke Platform. According to PR Newswire, Viz.AI’s LVO Stroke Platform is the “first artificial intelligence triage software” and its approval begins “a new era of intelligent stroke care begins as regulatory approval.”

 

 

  • According to American BankerBank of America, Harvard form group to promote responsible AI. “(Cathy) Bessant, the bank’s chief operations and technology officer, wanted to bring in an academic perspective and she wanted to create a neutral place where experts from different sectors and rival companies could discuss AI and craft good policies.”

 

  • Horizon Robotics has debuted a new HD smart camera that boasts serious artificial intelligence capabilities and can identify faces with an accuracy of up to 99.7 percent, the company claims.

 

  • Ever wonder whether the text you’ve used to promote your product or service is perfectly aligned with your brand strategy? Well, “Qordoba, … today announced a revolutionary new capability for scoring emotional tone in product and marketing content.” “Qordoba’s content scoring is based on Affect Detection, a computer science discipline that applies artificial intelligence and machine learning to understand the primary emotion conveyed by written text. …, to identify the emotion associated with a specific combination of words, allowing developers and product teams to create more effective user interfaces (UI).”

 

  • Interesting, from Science Magazine: Could artificial intelligence get depressed and have hallucinations? “As artificial intelligence (AI) allows machines to become more like humans, will they experience similar psychological quirks such as hallucinations or depression? And might this be a good thing?”