- From Jones Day: Major Patent Offices Meet to Discuss Adoption of AI Tools.
- In this post, Jones Day suggests that Trump may impose tariffs on AI: “President Trump is reportedly considering another round of Section 232 duties of potentially up to 25 percent on automobile and auto parts imports. … Additionally, the administration has suggested that it is considering whether to initiate Section 232 cases on other industries, including semiconductors and artificial intelligence.”
This opinion piece from the Pittsburgh Post-Gazette suggests that China may resist. Here’s how a trade war over tariffs between America and China could play out.
- From Robins Kaplan Trial Attorneys: Retail Applications for Conversational AI.
- From Fisher Phillips: Robots, Automation and A.I., Oh My – California Proposes to Establish “Commission on the Future of Work”
- JDJournal posted this discussion of AI as a threat to legal jobs. “Perhaps the biggest challenge for law firms will be adapting to a new business model that embraces and incorporates AI. The hope is that an increase in capabilities by a law firm will result in an increased ability to take on additional legal projects.”
- Peter Darling, AI consultant to the legal industry has some interesting thoughts in this provocatively titled post: Start Learning to Trust Artificial Intelligence; You’ll Make More Money. “…(O)ne of the most important levers firm management can move to increase profitability is to make these processes more accurate, more efficient, faster and above all, less dependent on human beings. This saves the firm money and time and, ultimately, helps the bottom line. Artificial intelligence is ideal for automating a lot of these processes.”
- From Artificial Lawyer: Gowling WLG Moves 500 Client Portals to HighQ Collaboration Platform.
- JP Morgan is unleashing artificial intelligence on a business that moves $5 trillion for corporations every day. (It’s the treasury services division.) Details in this post.
And JP Morgan’s treasury management services unit “…is reportedly testing an artificial intelligence (AI)-powered bot to support corporate clients and anticipate their needs. The publication said such a bot would be a first for the corporate payments industry.” Story here.
- I post about investments in legal AI every now and then, but I skip about 20 such stories for every one I post. This one seems particularly interesting: Seal Software unveils global partnership with DocuSign, announces $30 million in growth capital from Toba.
- This teaser includes the link to a deep dive report by Deloitte titled: Machines with purpose. From theory to practice: Artificial Intelligence in professional services. The report is a review of where we are, the story of how we got here, and suggestions for selecting and implementing AI solutions. Oh, and they make the business case for doing so. Good stuff.
- From the Law Society Gazette: “Britain has an opportunity to be a global leader in new technologies transforming legal business and access to justice – but should beware of complaceny, the minister for legal services said last night. ‘There is a lawtech revolution happening all over the world and I want to make sure the UK not only keeps pace with it but leads it,’ Lord Keen of Elie (Richard Keen QC) told an event to launch the latest ‘lawtech incubator’. However Keen warned ‘We cannot afford to be complacent’, pointing to competing initiatives in Canada and Singapore.”
- This editorial from The Irish Times suggests that AI in legal may take a while, but “better faster cheaper” (my words) will come. Making a case for artificial intelligence in the legal profession.
- Blockchain News:
– Cloudsight adds Bitcoin Lightning payment to allow instant AI-to-AI transactions. Story from VentureBeat here.
– From Bloomberg Law: Blockchain Patent Holders Look to Dodge Trolls, Lawsuits. “A surging number of blockchain experiments and related patent applications across various industries present ripe opportunities for patent assertion entities or trolls, as they’re often known, who could hamper innovation if not properly contained, patent attorneys say.”
- Here’s more on MIT’s recent breakthrough on reading brainwaves. How to control robots with brainwaves and hand gestures. “Computer Science and Artificial Intelligence Laboratory system enables people to correct robot mistakes on multiple-choice tasks.”
- This is a cool infographic presentation about using AI in a small business. It includes sample vendors. Many of these applications are relevant for law firms. 12 Actionable Tips on How to Leverage Artificial Intelligence in a Small Business.