Published: 05-Oct-2024 |
| Every industry and every person has a different need for AI. AI is not one piece of software that fits all. Let me give an example: At our AI seminar yesterday, we had attorneys and candidate attorneys from a very specialiased law firm. After much discussion we came up with various excellent uses of AI. 1) The junior attorneys have a regular task to read heads of arguments and present summaries to the senior partner. There is often a long thread of arguments and replies before the case goes to court. Each doument must be analysed and summarised, but all documents must be consolidated to ensure they are consistent. This is a long task and somewhat complex as the size of documents grows. We concluded that if all documents are loaded into a Chatbot, via our subject matter expert AI system, then the attorneys and senior partners can easily and quickly ask questions of the subject matter expert to get summaries, inconsistencies and also more details. 2) A second, excellent use for AI is in transcribing conversations and meetings. Voice to text has been available for a long time, but it was never 100% accurate and fairly costly. OpenAI, the makers of ChatGPT have also created a voice to text engine. Their engine has been trained on millions of hours of voice. Also, because it uses AI and natural language it is more accurate than ever because it can guess a word if it cannot hear it properly based on the context of the conversation. Exciting? Absolutely. Will it make them more efficient and efficient? Definitely. Is it costly? No! |