With companies such as Facebook and Twitter finding themselves in the crosshairs of politicians, overlap of law and business has become more and more of an issue. Raj Goyle, Founder of Bodhala, an A.I. tool working to improve business efficiencies in the legal industry, was with us to discuss how machine learning is revolutionizing law.
The legal market is inefficient with data, Goyle said. With his company, they tackle that problem by building a software platform that allows data to help businesses optimize legal spend and help law firms win business. He says the new technology will transform the industry by bringing data to the forefront and draw insights for clients.
Royle says repealing net neutrality is an unfortunate policy because he believes in capitalism 101. When there is competition and good data the market wins, he adds. He says the repeal is a problem because it lets the incumbents dominate. What's best, he says, is when the internet is subject to competitive forces.
Exxon Mobil on Monday announced it's drilling for lithium in southern Arkansas, with the oil giant expected to begin production of the critical material for electric vehicles by 2027.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.
