This story has received VERY wide coverage, with headlines including:Stephen Schwarzman Makes Anchor Gift For New $1 Billion School Of Artificial Intelligence At MIT;
MIT announces $1b outlay for study of artificial intelligence, computing;
M.I.T. Plans College for Artificial Intelligence, Backed by $1 Billion;
MIT commits $1 billion to make AI part
Here’s a deeper dive into Ron Friedmann’s argument that legal tech is in the midst of “evolution” rather than a “revolution”. It’s an interesting read, well-reasoned with several examples. “…(I)n-house counsel change buying habits slowly, which in turn slows legal innovation.” I love that he focuses on the “voice of the client,” as should we
This post from Osborne Clarke’s Will Robertson, Mark Taylor and Tamara Quinn (Profiling and automated decision-making under GDPR) is a solid discussion of these important topics. “Profiling and automated decision-making (or ADM) are two areas of the GDPR that have caused a fair degree of confusion for businesses, often with perceived negativity and
From Osborne Clarke: “From a venture capital perspective, London was Europe’s premier destination for technology investment last year, with research figures showing that London attracted more funding than Paris, Berlin and the next seven cities combined. Whilst Fintech continued to be a particularly attractive target for funds in 2017, the standout growth area over
com, an article by Danny Tobey, a Vinson & Elkins partner, titled, “AI is Here, Is Your Company Ready? (Hint: No).” First, a bit of hype:”The scale and scope of artificial intelligence is well-described. Merrill Lynch predicts an “annual creative disruption impact” of $14 to $33 trillion by 2025. Accenture estimates AI
This is a very thoughtful and balanced piece by Scott D. Bailey, of Squire Patton Boggs re the implementation of AI in law firms.
News you can use: Legal Marketers, here’s how to use AI Let’s Enhance to enlarge and clean up photos.
I’ve been predicting for a while that law firms will begin using tools like Automated Insights (WordSmith) and Narrative Science (Quill) to draft client alerts and other market-facing material. WordSmith already generates more than 1.5 billion pieces of content per year for clients including Microsoft, The Associated Press, Cisco, Yahoo, and PwC. Now comes Primer