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.
Described as hallucination, confabulation or just plain making things up, it's now a problem for every business, organization and high school student trying to get a generative AI system to compose documents and get work done.
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