There was very little real AI or blockchain news over the holidays, especially legal-related. But there was a plethora of posts reviewing 2018 and forecasting 2019 and beyond, so that’s the focus of this post. I suggest you skim these titles and then skim through the lists included in most of the posts; you’re likely to find a nugget or two that focus on your interests.
(Note: there have been dozens of similar AI and blockchain posts specific to other industries. Many are at least tangentially related to legal, but I have omitted those to keep this post somewhat manageable. Those include almost every industry you can imagine from maritime to construction and from automotive to marketing. Healthcare leads the pack. Similarly, there have been many country-specific posts and quite a few regarding the international competition to lead in these areas. Some of that is summarized in this, from the Centre for International Governance Innovation: 2018: A Landmark Year for Artificial Intelligence.)
First, a bit of real news:
- A2J has taken a step forward (I think) with SUE THE COLLECTOR. Here’s the (typo-filled) news release: “After partnering with literally dozens of law firms across the United States, Sue The Collector, Inc has helped thousands of Consumers in America turn the tables on Debt Collection companies and help consumers recover millions in damages caused by reckless and illegal debt collectors that violate the Fair Debt Collections Practices Act, (FDCPA), The Telephone Consumer Protection Act (TCPA) and RESPA, TILA and SCRA Acts including numerous state laws such as California’s Rosenthal Act. To date, the Lawyers have helped consumers cancel over 1 Billion Dollars in Debt and have recovered millions in fines and settlements.”
- This, from Epstein Becker: Startup Roadshow: AI in Healthcare (FDA Regulation of Artificial Intelligence Used in Healthcare – 2019 Multi-City Tour). (H/T to Rich Westling for the post.)
- From the Reno Gazette Journal, here’s: Driver’s licenses next? How one Nevada county is using blockchain for marriage certificates.
- Giangiacomo Olivi of Dentons posted: : Top Five Issues To Consider. “Datasets processed through AI systems (also “AI Data Lakes”) are becoming increasingly popular, with an exponential increase in potential “use cases.” You will find here below the main legal issues to consider.”
- Streetwise Reports posted: Major Title Companies Adopt Blockchain to Cut Down on Security Breaches.
- James Shreve of Thompson Coburn posted: The Potential Cybersecurity Crisis Hiding In Plain Sight — At Home.
- Just this morning, the NYT posted: Curbs on A.I. Exports? Silicon Valley Fears Losing Its Edge. “The Commerce Department is considering national security restrictions on artificial intelligence. Some worry they could stunt the industry in the U.S.”
- From The IPKat: Commercial use of image rights: Paris Tribunal boosts models’ and performers’ protection.
- I had never heard of East Coast Polytechnic Institute University in my home state, but it seems University in North Carolina Issues Degrees Using Blockchain. And also from North Carolina, “For students at the North Carolina School of Science and Math, the future is now. An alum has given $2 million to start an artificial intelligence and machine learning program at the public boarding school in Durham.” Story here.
- Sharmeen Shaikh of Khurana and Khurana posted: Is It Possible To Patent Artificial Intelligence? “(AI) is yet to gain compatibility with the patent laws on a global level.”
- This, from American Banker: BankThink Don’t underestimate AI’s risks. “Artificial intelligence technologies have already begun to transform financial services. At the end of 2017, 52% of banks reported making substantial investments in AI and 66% said they planned to do so by the end of 2020. The stakes are enormous — one study found that banks that invest in AI could see their revenue increase by 34% by 2022, while another suggests that AI could cut costs and increase productivity across the industry to the tune of $1 trillion by 2030.”
- The Next Web‘s blog, Hard Fork posted this useful guide: 5 of the best podcasts to get you into cryptocurrency and blockchain.
- From the New York Times, here’s a sobering look at just how big tech is today. Big Tech May Look Troubled, but It’s Just Getting Started.
Artificial Intelligence in 2018:
- One of the best sources of all news re legal innovation is here’s Bob’s My Most Popular Posts of 2018. Also from Bob, here’s The 20 Most Important Legal Technology Developments of 2018. , so
- Another reliable source of the best and latest news is Richard Tromans’ Artificial Lawyer, so here’s Artificial Lawyer Year in Review – 2018 – What a Year! (I agree.)
- Fieldfisher provided this list of 2018’s data protection milestones. 2018 – a year like no other for data protection! Part 3.
- New Atlas published: From weapons to works of art: The year in artificial intelligence.
- According to “a panel of experts,” here’s What Mattered in 2018: Industry Insiders Reflect on the Biggest Moments in IP. (Lots of AI and some Blockchain is mentioned.)
- From TechTalks, here’s The biggest artificial intelligence developments of 2018.
- Here’s a useful collection: CMSWire’s Top 10 Artificial Intelligence and Machine Learning Articles of 2018.
- From Pat Lamb and the good folks at Attorney at Work here’s: 2018 InnovAction Award Winners More Than Just the Latest Buzz.
- Here’s How Apple, Amazon, Facebook, Google And Microsoft Made 2018 The Year That IT Mattered A Lot.
Artificial Intelligence Forecasts:
- From the always astute Ron Friedmann, here are some thoughts about Overcoming FOMO – The Reality of Legal Tech. Not exactly a forecast, but how to shape your own future (in-house and law firm folks). And here are more thoughts from Ron on how to move ahead: The Long View of Legal Innovation. At the end of the latter post Ron included this link to another excellent post about legal tech innovation, this one from
- Roy Strom posted this at The American Lawyer: In the Quest to Innovate, Where Will Law Firms Look Next?
- From Housing Wire, here’s Expert: Regulatory burdens to drive AI replacement of humans. (Ballard Spahr Partner Richard Andreano is interviewed.)
- I did not sign up to receive this survey, so I can’t critique its methodology, but here’s “MarketResearchReports.Biz Announced New Research Study on Report “Artificial Intelligence and RegTech Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026.”
- Rather surprisingly, this post is from Interesting Engineering: AI vs. Lawyers: The Future of Artificial Intelligence and Law. “Leibniz: The First Lawyer to Predict the Use of Machines in Law”
- This, from Barron’s: Artificial Intelligence Is Coming to Disrupt Customer Service — and Sooner Than You Think.
- How about some tabloid click bait? From the UK’s Express, here’s Artificial intelligence: ‘Empathy bots’ with human emotions to be in our homes NEXT YEAR. “NEXT year will see the introduction of robots which have HUMAN emotions and could believe that they have been enslaved, according to leading tech experts.”
- But seriously, from DataQuest, here’s The Rise of Artificial Intelligence and Machine Learning in 2019. Sandeep Parikh of EY is interviewed.
- From Wired, here’s: In 2019, despite everything, the UK’s AI strategy will bear fruit :The UK plans to spend £1 billion on artificial intelligence. By closing the skills gap, the UK can stay at the forefront of innovation.”
- According to my favorite magazine and some Pew research, many Americans are not very comfortable with where all this is headed.
- Just for fun: ‘Blade Runner’ predicted what life would be like in 2019. Here’s what the movie got right — and wrong. Here’s another take on Blade Runner’s prescience. And from NBC, here’s: 19 bold predictions for science and technology in 2019 (lots of smart folks and their predictions).
Blockchain in 2018:
- Here are some blockchain sports cards for you: CoinDesk’s Most Influential 2018.
- This, from Olga V. Mack: How To Innovate Using Blockchain Within The Legal Field And Other Industries? I like her focus on the relationship between the practice and business of law.
- FinExtra posted: Some blockchain predictions for 2019. (If you only read one overview of what’s coming for blockchain generally, this would be a good choice.)
- Crypto site Smartereum posted: 2019 May Not Be Marked With A Lot Of Progress In The Blockchain Industry According To Some CIOs, and this: What Will 2019 Bring For Blockchain Technology? and this: Blockchain Technology Will Fulfill Its Purpose By Revolutionizing The World In 2019.
- CoinDesk posted: 2019: The Year We Might (Finally) See Better Blockchain UX? And also from CoinDesk, we have: 2019: The Year Blockchain Begins Finance’s Great Unbundling.
- CoinTelegraph posted: Too Soon for Blockchain Benefits in 2019, Says UPS Executive. “Senior executives at United Airlines (UA) and logistics giant UPS think 2019 will not be the year blockchain goes mainstream, the Wall Street Journal reported on Dec. 28.”
- Digital Journal posted: Will 2019 finally see the rise of blockchain?
Looking back and ahead, and/or AI and Blockchain:
- From Zach Abramowitz, here’s Notes From A Legal Binge (Part II). “Legal technology has gone from something that no one cared about to one of the industry’s most important sectors — and the conversation continues to mature.”
- This, from Information Age: Artificial intelligence: What changed in 2018 and what to expect in 2019. “In the artificial intelligence and machine learning space, 2019 will see the rise of the intelligent application.”
- From Hacker Noon, here’s OpenText: Convergence of blockchain, IoT & AI will lay out the path for supply chain autonomy.
- Law.com has pulled together several futurist articles here in: Business, Tech and Regulation: What’s Ahead for the Legal Industry in 2019.
- TechTarget interviewed several IT professionals as the basis for this post: Technology trends 2019: Expect AI, blockchain uncertainty.