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Archive for the ‘law’ category

Nov 18, 2024

Elon Musk Says AI Will Surpass Doctors, Lawyers After ChatGPT Tops Medical Diagnoses — Humans Becoming ‘Biological’ Backups

Posted by in categories: biotech/medical, Elon Musk, law, robotics/AI

Elon Musk has predicted that AI will surpass doctors and lawyers after a study revealed OpenAI’s ChatGPT-4 outperformed medical professionals in diagnosing illnesses.

What Happened: A study reported by The New York Times revealed that AI achieved a 90% accuracy rate, compared to 76% for doctors using ChatGPT as a tool and 74% for doctors relying on traditional resources.

Following the publication of the report, Bindu Reddy, CEO of Abacus. AI, stated that an AI doctor with access to all lab reports would be able to diagnose problems and suggest remedies better than most human doctors.

Nov 18, 2024

NSO Group Exploited WhatsApp to Install Pegasus Spyware Even After Meta’s Lawsuit

Posted by in category: law

NSO Group exploited WhatsApp to install Pegasus spyware even after Meta sued, controlling operations themselves, not clients, legal documents reveal.

Nov 15, 2024

Are you using AI yet? How lawyers can use it to their advantage

Posted by in categories: law, robotics/AI

All lawyers, from in-house counsel and law firms, to barristers and judges, need to embrace the use of generative artificial intelligence (AI). Why? Because it will become an indispensable productivity tool across the legal profession.

Nov 9, 2024

Study introduces novel conservation law that operates down to the subcycle level during strong-field ionization

Posted by in categories: law, physics

The conservation law is a fundamental tool that significantly aids our quest to understand the world, playing a crucial role across various scientific disciplines. Particularly in strong-field physics, these laws enhance our comprehension of atomic and molecular structures as well as the ultrafast dynamics of electrons.

Nov 7, 2024

A town in California is fireproofing homes by law. Could Washington soon follow the strategy?

Posted by in categories: habitats, law

A wildfire destroyed 90% of a town in California. Now, it’s using building ordinances to entice insurance companies back. Could Washington soon follow the strategy?

Oct 30, 2024

AI Will Dramatically Increase Life Expectancy, Here’s How | MOONSHOTS

Posted by in categories: biotech/medical, finance, law, media & arts, nanotechnology, Ray Kurzweil, robotics/AI, singularity

This clip is from the following episode: https://youtu.be/xqS5PDYbTsE

Recorded on Oct 18th, 2024
Views are my own thoughts; not Financial, Medical, or Legal Advice.

Continue reading “AI Will Dramatically Increase Life Expectancy, Here’s How | MOONSHOTS” »

Oct 23, 2024

GenAI surges in law firms: Will it spell the end of the billable hour?

Posted by in category: law

“There’s way more piloting that I’ve seen, especially in large law firms. So, there’s been a lot of expense, especially the allocating of staff and paying out of pocket for licensing fees,” Friedmann said.

“Part is keeping up with the Joneses, part of it is marketing, and part of it is just getting over the adoption challenges,” he continued. “In eDiscovery, before the advent of genAI, you needed some training to know how to interact with discovery database. There were a lot of tools, but they all had the same issue: You had to be pretty technically adept to tackle the database yourself.”

Continue reading “GenAI surges in law firms: Will it spell the end of the billable hour?” »

Oct 20, 2024

From $8,000 to $3: OpenAI’s Revolutionary Impact on Legal Work

Posted by in categories: law, robotics/AI

OpenAI CPO Kevin Weil says their o1 model can now write legal briefs that previously were the domain of $1000/hour associates: “what does it mean when you can suddenly do $8000 of work in 5 minutes for $3 of API credits?” pic.twitter.com/MotT9Oo9rv

Oct 20, 2024

EU Commission adopts initial cybersecurity rules to enhance critical digital infrastructure resilience

Posted by in categories: cybercrime/malcode, law

The European Commission adopted on Thursday the initial implementing rules on cybersecurity of critical entities and networks under the Directive on measures for a high common level of cybersecurity across the Union. The NIS2 Directive addresses cybersecurity risk management measures and cases in which an incident should be considered significant and companies providing digital infrastructures and services should report it to national authorities. The move is seen as another major step in boosting the cyber resilience of Europe’s critical digital infrastructure.

The implementing regulation will apply to specific categories of companies providing digital services, such as cloud computing service providers, data center service providers, online marketplaces, online search engines, and social networking platforms, to name a few. For each category of service providers, the implementing act also specifies when an incident is considered significant.

Adopting the implementing regulation coincides with the deadline for Member States to transpose the NIS2 Directive into national law. As of Oct. 18, 2024, all Member States must apply the measures necessary to comply with the NIS2 cybersecurity rules, including supervisory and enforcement measures. The implementing regulation will be published in the Official Journal in due course and enter into force 20 days thereafter.

Oct 16, 2024

Transforming Contract Management In Banking And Enterprises With Generative AI

Posted by in categories: business, finance, law, robotics/AI, sustainability

At Impactsure Technologies, we’ve helped clients of banks generate guarantees and contracts through preapproved clauses in a matter of a few seconds without the need to go through a complex process of vetting that would have otherwise taken many days. It not only enhances the customer experience but also makes it easier to manage the processes efficiently. The clients are able to manage their contracts well, manage the content, ensure appropriate vetting and scrutiny are done effectively, manage the timelines, and incorporate the electronic signing options in a seamless way.

As contract management complexities continue to increase in the banking and enterprise sectors, the adoption of GenAI emerges as strategically crucial for organizations seeking to enhance operational efficiency, mitigate risks and maintain regulatory compliance. By harnessing the power of AI-driven automation, banks and enterprises can streamline contract processes, optimize resource utilization and confidently navigate the complicated legal landscape.

A combination of GenAI, NLP and ML represents a paradigm shift in contract management, empowering banks and enterprises to easily manage the complexities of the modern business environment with agility and resilience. By embracing AI-driven solutions, organizations can unlock new opportunities for growth, innovation and sustainable success in an increasingly competitive and rapidly evolving environment.

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