- LexisNexis’ Lex Machina “announced a major new expansion that provides analysis of insurance litigation.” Details from Artificial Lawyer here.
- Also from Artificial Lawyer: “Canada-based legal AI pioneer, Kira Systems, has completed its SOC2 Type II reporting certification to help remove any fears customers may have over data security.”
- This piece from The National Law Review reminds lawyers that it is their duty to keep up with technologies such as AI. “Comment 3 to the ABA Model Rule 5.3 was amended in 2012 to take into account situations where it is necessary for attorneys to rely on vendors. “When using such services outside the firm, a lawyer must make reasonable efforts to ensure that the services are provided in a manner that is compatible with the lawyer’s professional obligations.”
- From Hydraulics & Pneumatics (my first from that publication!): How Artificial Intelligence Is Changing Construction. “Artificial intelligence is expected to alter business models in the construction industry in areas including logistics, customer relationship management, support, workflow automation, and finance. Even more, artificial intelligence can help in recreating realistic situations for training, reducing injuries and costly mistakes and making operations more efficient. This can enable operators to better use existing labor resources, helping with the skilled labor shortage in construction.” The article explains current constraints to adoption.
- Don’t forget to swallow your AI: This swallowable chip uses glowing bacteria to spot hidden illnesses. “Researchers at MIT have been working on a chip that could one day be offered to patients with suspected gastrointestinal bleeds instead of an endoscopy. The researchers have created a prototype of the chip that can be swallowed like a pill, sampling a patient’s gastrointestinal environment for signs of bleeding as it travels through their digestive system.”
- Trump’s trade war with China has AI implications: Trump focuses on technology exports, foreign investments in ongoing trade war. “Already threatened by escalating U.S. taxes on its goods, China is about to find it much harder to invest in U.S. companies or to buy American technology in such cutting-edge areas as robotics, artificial intelligence and virtual reality.”
- From Waller: “When it comes to digital coins or tokens, it’s best to approach with caution, ask plenty of questions and conduct extensive research before making an investment, warns the Commodity Futures Trading Commission (the “CFTC”).”
- And now, blockchain-based insurance against security failures of smart contracts: Ethereum-Powered Insurer Nexus Is Winning Over Blockchain Skeptics. “With Nexus, Karp is trying to revive mutual insurance, a model that dates back to the 17th century and, many argue, aligned the interests of participants better than today’s profit-maximizing insurance firms. Nexus is one of a handful of blockchain startups, at various stages of development, aiming to use the technology for this purpose.” Much more here.