You are reading the web version of the Legal Insider newsletter for August 31, 2023. Click here to subscribe.
Hello Legal Insiders, ⚖️👩💻
Navigating the crossroads of law and tech can sometimes feel like deciphering a contract without the fine print—fascinating yet, occasionally, head-scratching. As the digital landscape evolves, it’s only fair we pause, pour ourselves a strong cup of something, and decode what’s brewing in the tech realm for the legal world.
What We’re Serving Today:
ChatGPT Enterprise by OpenAI: It’s the newest kid on the legal tech block. Can it shake things up? And just as importantly, does it make Bing Chat shuffle nervously?
Google’s AI Power Play: As giants like Google raise the stakes, we delve into the potential boon (and possible bumps) their latest AI tools could introduce to our legal corridors.
AI & Prompt Engineering: Because, let’s be honest, who doesn’t want to sound even smarter at the next office mixer? From core AI concepts to the finer nuances of prompting, we’ve got you covered.
So, as we straddle the exciting divide of tech-driven progress and our revered legal traditions, let’s ensure our insights stay as sharp as our legal acumen. Happy reading!
🤖 OpenAI Unveils ChatGPT Enterprise: The Game-Changer!
In a Nutshell
The AI Powerhouse Unveiled:
OpenAI, in a grand tech spectacle, has rolled out ChatGPT Enterprise. It’s not just a chatbot; it’s an enterprise behemoth tailored for legal firms. Think of it as your digital paralegal – minus the coffee breaks. And guess what? Companies like Block, Canva, and even Estée Lauder had their fingers in this AI pie.
The AI Rumble:
OpenAI’s ChatGPT Enterprise vs. Microsoft’s Bing Chat: which side are you on? While ChatGPT dazzles with its in-depth customization (ever wanted a digital assistant that doesn’t confuse ‘tort’ with ‘torte’?), Bing Chat parades its Microsoft DNA, boasting seamless integration with those familiar tools every law firm loves.
Navigating AI’s Ethical Minefield:
The rise of AI platforms, especially ones tailored for the legal sector, is accompanied by a web of quandaries. How does OpenAI’s commitment to data privacy square with laws like GDPR? And as whispers of ChatGPT’s daily maintenance hover at a staggering $700,000, where does the balance between ethics and profitability stand? Oh, and let’s not forget the big one: will AI become the next paralegal or the usurper of legal jobs?
The Future of Gavels and Algorithms:
The courtroom is evolving, and so should its players. With AI tools soon becoming game-changers even for the smaller, boutique firms, the legal landscape is shifting at warp speed. From enhanced data analysis to 24/7 client support, the question isn’t about if AI will infiltrate the law’s hallowed halls, but when.
Dive deeper into this transformative saga and discover how ChatGPT Enterprise might just become your next legal associate. Check out our full article for the ultimate AI x Law lowdown! 📘🔍
Trending
Hyatt Faces Lawsuit Over Hidden Fees: The prominent hotel chain finds itself in the legal spotlight, with allegations of misleading consumers through undisclosed “resort” and “destination” fees. The complaint suggests that Hyatt’s approach may have shortchanged consumers by potentially millions each year. This isn’t a first for the hotel industry; Marriott International and MGM Resorts have previously faced analogous legal issues. The primary contention centers around the portrayal of room rates sans these additional charges, raising transparency and consumer trust concerns in the hospitality sector. On the industry front, such legal challenges underscore the pressing need for clearer communication and fee disclosures.
Free Resource
🧠 Google’s AI Bid to Outrun Microsoft & Amazon!
In a Nutshell
Duet’s Legal Symphony:
Google’s latest AI rendition, Duet, isn’t just singing; it’s aiming to orchestrate a whole new legal tune. With tools set to transform tasks like drafting emails and analyzing endless legal documents, Google’s betting on an AI-infused future. But remember, every symphony has its crescendos and decrescendos.
LegalTech’s AI Tango:
Why should attorneys care about this tech waltz? Google’s dance with AI offers faster document crunching and predictive prowess, but can it keep step with the intricate footwork of nuanced legal issues? And, while we’re on the subject, aren’t we all wondering if Google’s leading or just trying to keep up with the AI tempo?
Ethical Encores & AI:
As the curtain rises on AI’s role in the legal theater, we face dramatic scenes of blurred lines: AI-generated content versus the human touch, decision-making biases, and questions of responsibility. Will Google’s performance earn a standing ovation or will it face critics in the courtroom?
The Human Judgment Solo:
Amidst this techno-musical, there’s a poignant solo that steals the show – the irreplaceable human judgment. While AI offers a rich accompaniment, the lead role in nuanced legal scenarios remains undeniably human.
Eager to explore the melodies and harmonies of Google’s Duet with the legal world? Join us for a riveting encore in our latest article, where tech and law strike a chord like never before! 🎻🎹🎸
📙 Master Guide To Key Terms In AI & Prompt Engineering
In a Nutshell
AI & ML Distinctions: A Legal Nuance?
If you’ve ever confused AI with ML, you’re not alone. But here’s the gist: AI is like our aspiration for machines to mimic Sherlock Holmes’ intellect, while ML is more of Dr. Watson meticulously analyzing data to get there. Think of AI as the broader concept, with ML diligently working as its subset. Still puzzled? This article breaks it down with impeccable precision!
Deep Dive into Deep Learning
Have you ever wondered why “Deep Learning” sounds like it’s in a league of its own? It’s akin to a courtroom drama where multiple layers of arguments (or neural networks) come into play to solve a complex case. Deep learning uses three or more layers of these networks to decipher intricate features. Our guide dives deeper, showcasing its nuances!
Prompt Engineering: The Legal Drafting of AI?
Craft the perfect question, and you’re halfway to the answer. Prompt engineering is like legal drafting but for AI: meticulously crafting questions to get precise answers from AI models. It’s both an art and science, much like writing a flawless legal brief.
Ethical AI: The New Frontier in Legal Considerations?
Ethical imperatives in AI aren’t just buzzwords. It’s the new legal territory we’re navigating. With AI systems influencing verdicts and behaviors, ensuring they’re just, transparent, and without biases is paramount. Dive into our guide to see how legal minds can champion fairness in AI.
Foundation Models: The GPT-3 & BERT of Legal AI
If you’re hearing about Foundation Models like GPT-3 or BERT, think of them as the statute books of the AI world: comprehensive and vital! These models lay the groundwork and can be tailored for unique legal queries, much like adapting a precedent for a novel case.
Enticed by this AI jargon, counsels and consultants? Ready to translate these technicalities into your legal lingo? Don your reading glasses, prepare a hot brew, and dive into our master guide to unlock these concepts and more! 🚀📖
Tidbit Territory
Snap’s Dreamy AI Feature: Snapchat dives into the AI realm with “Dreams,” allowing users to receive AI-generated selfies. First pack’s on the house; after that, it’s a dollar.
Amazon’s Home-Office Hurdle: Andy Jassy, Amazon’s head honcho, hints at an office-centric future, suggesting full remote work “won’t be the ticket.”
Amazon’s Cashierless Push: Beyond office debates, Amazon expands its “Just Walk Out” cashierless technology across US colleges, partnering with Grubhub.
Medicare’s Price Tussle with Pharma: If the courts play ball, Medicare aims to negotiate prices on ten pricey drugs. Potential savings? Around $25B annually by 2031.
Biometric Access Buzz: X and LinkedIn are in the race to embed passkey support, enabling users to ditch passwords for Face ID and Touch ID.
Disney+ Hotstar’s Cricket Gambit: To offset subscriber losses, Disney’s Indian streamer will be broadcasting the Cricket World Cup this fall. Howzat for a strategy?
AI & Copyright Conundrum: The US Copyright Office seeks public insight on the knotty intersections of AI and copyright, from AI-generated content to training model intricacies.
AFL-CIO’s AI Employment Stance: Liz Shuler urges the labor movement to lead the charge against potential job displacement due to AI advancements.
OpenAI’s ChatGPT in Court: Sarah Silverman and other creators claim ChatGPT’s training infringed their copyrights. OpenAI’s move? Asking the court to dismiss most claims.
C3.ai’s Big Reveal: The tech firm unveils the severance details for its former top legal eagle, Richard “Chip” Lutton Jr., after a short 11-month tenure.
Blast from the Past & Bizarre Bits
👸 In 1997, Princess Diana was killed in a car crash, involving photographers chasing her and alcohol in the system of her driver.
🪢 In 1888, Mary Ann Nichols was murdered; the first of Jack the Ripper’s confirmed victims.
🤯 What’s the difference between a nook and a cranny? A nook is a corner and cranny is a crack.
💰 If you doubled your money, starting with a penny, just one penny, every day for 30 days, you would have $5,368,709.
🪙 The first penny had the motto “Mind your (own) business”
Share this post
How to Thrive Solo: Earn More, Build Authority & Foster Engagement
From diversifying your services to the art of client acquisition, each page is a step toward becoming the undeniable authority in your niche
