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.
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate.
Cheddar News checks in to see what to look out for on The Day Ahead as earnings continue with reports from Gap, Best Buy, Costco Wholesale and Ulta Beauty while key economic data is also due to be released. It's also National Wine Day on Thursday.
Over 1,400 props from classic movies like Star Wars, Shawshank Redemption and Gladiator will be up for auction next month in what experts say will be one of the largest memorabilia auctions in the world.
