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.
Tom McNeela, chief RIA solutions officer with RetireOne, joined Cheddar News to explain how people can use their life insurance policies for an emergency loan. "There's a lot of advantages and opportunities with permanent life insurance policy," he said, "if you have one, and there's cash value in there, you can take a loan out, and most of the time, it's a better rate than what you can get at your bank."
Cheddar News checks in on The Day Ahead as more earnings are on tap from companies Thursday including Apple, Lyft, Kellogg and Expedia while Vice President is expected to meet with some top tech CEOs to discuss the rapid development of artificial intelligence.
Meta is warning that cybercriminals are tricking people into downloading programs that can steal valuable information on fake ChatGPT offers. Cheddar News explains how Meta has observed hundreds of malicious links on its platform.
The 11,500 members of the Writers Guild of America went on strike this week after negotiations with Hollywood studios that began in March failed to result in an agreement.
Will McDonough, founder and CEO of EMG Advisors, joined Cheddar News to discuss Wednesday's trading session after the Federal Reserve raised rates by 0.25% as tighter credit conditions continue to affect small- and medium-sized businesses.
