Share on LinkedInShare on LinkedIn

ARTICLE · 11 SEPTEMBER 2023

AI Foundation Models And Outcome Prediction In Legal Services

AI is predicted to have an outsized impact on legal services: a recent Goldman Sachs Economics Research[1] paper estimates that almost half of current processes and work tasks in legal could end up being...

United KingdomTechnology

AI is predicted to have an outsized impact on legal services: a recent Goldman Sachs Economics Research1 paper estimates that almost half of current processes and work tasks in legal could end up being automated by AI.

But AI foundation models predict, they don't reason: the model doesn't apply judgment, it's just trained to predict what is most statistically probable. In the words of the Economist,

"it is much more like an abacus than it is like a mind."2

So where does this put the upper end of legal services that can't (at least yet) be replaced by statistically probable predictions? and will AI have any impact on legal advice and services based on judgment not process?

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from