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LawGeex AI Beats 20 Top Lawyers
Who (or what) can spot issues in five Non-Disclosure Agreements (NDAs), which are a contractual basis for most business deals - LawGeex AI software or twenty top flesh and blood lawyers?
Science fiction writer Greg Egan foresaw this development in his 1991 story The Moat, writing about the Law Expert System (LEX):
I groan. "I'm having dinner with Rachel tonight. Why don't we just feed the bloody thing to LEX and ask for a summary?"
"And get disbarred at the next audit? No, thanks." The Law Society has strict rules on the use of pseudo-intelligent software - terrified of putting ninety percent of its members out of work.
Afraid of putting lawyers out of work? As well they should be.
Via Hackernoon and Slashdot.
The study, carried out with leading legal academics and experts, saw the LawGeex AI achieve an average 94% accuracy rate, higher than the lawyers who achieved an average rate of 85%. It took the lawyers an average of 92 minutes to complete the NDA issue spotting, compared to 26 seconds for the LawGeex AI. The longest time taken by a lawyer to complete the test was 156 minutes, and the shortest time was 51 minutes.
Ranjit arrives a few minutes later, carrying a CD; he mimes staggering under its weight. "Latest set of amendments to the UNHCR regulations. It's going to be a long day."
Scroll down for more stories in the same category. (Story submitted 10/29/2018)
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