As goes law, so goes all professions?
How AI and machine learning is shaping legal strategy
Five years ago, many experts predicted that we would routinely see self-driving cars on the road in 2021. That has not come to pass. What we do have are cars where Artificial Intelligence (AI) can assist drivers. Forward collision warning, lane departure warning, or rear drive assistance are all AI-enable features that make my life safer.
Why talk about cars in the context of AI and the law? Because it illustrates a shift from full automation to assistance, or augmentation – helping individuals perform some tasks better, faster, smarter. And augmentation, rather than automation, is key to the role AI and machine learning can play in shaping legal strategy.
When we think about AI today in legal tech, it is important to remember that AI is not merely one thing. Instead, it is a variety of technologies and task-specific applications that can assist legal professionals in the exercise of their function. (The future of law firms and lawyers in the age of artificial intelligence)
Is this enough to encourage some lawyer to sue to prevent “owners” from killing their AI (by turning the computer off)? (Is AI as conscious as a cute, adorable little puppy?)
https://futurism.com/the-byte/openai-already-sentient
OPENAI CHIEF SCIENTIST SAYS ADVANCED AI MAY ALREADY BE CONSCIOUS
OpenAI’s top researcher has made a startling claim this week: that artificial intelligence may already be gaining consciousness.
Ilya Sutskever, chief scientist of the OpenAI research group, tweeted today that “it may be that today’s large neural networks are slightly conscious.”
Needless to say, that’s an unusual point of view. The widely accepted idea among AI researchers is that the tech has made great strides over the past decade, but still falls far short of human intelligence, nevermind being anywhere close to experiencing the world consciously.
It’s possible that Sutskever was speaking facetiously, but it’s also conceivable that as the top researcher at one of the foremost AI groups in the world, he’s already looking downrange.
Perspective. A way to “control” AI?
https://venturebeat.com/2022/02/11/symbolic-ai-the-key-to-the-thinking-machine/
Symbolic AI: The key to the thinking machine
Even as many enterprises are just starting to dip their toes into the AI pool with rudimentary machine learning (ML) and deep learning (DL) models, a new form of the technology known as symbolic AI is emerging from the lab that has the potential to upend both the way AI functions and how it relates to its human overseers.
Symbolic AI’s adherents say it more closely follows the logic of biological intelligence because it analyzes symbols, not just data, to arrive at more intuitive, knowledge-based conclusions. It’s most commonly used in linguistics models such as natural language processing (NLP) and natural language understanding (NLU), but it is quickly finding its way into ML and other types of AI where it can bring much-needed visibility into algorithmic processes.
… One of the keys to symbolic AI’s success is the way it functions within a rules-based environment. Typical AI models tend to drift from their original intent as new data influences changes in the algorithm. Scagliarini says the rules of symbolic AI resist drift, so models can be created much faster and with far less data to begin with, and then require less retraining once they enter production environments.
Perspective. Remember, Zillow tried the same thing with houses and failed spectacularly.
https://www.theverge.com/22923871/carvana-pandemic-used-car-prices-sold-online-chip-shortage
A ROBOT BOUGHT MY SEVEN-YEAR-OLD CAR FOR MORE THAN I PAID BRAND-NEW
In December 2014, I bought a Honda Fit right off the lot. It had 23 miles, and I paid $20,814.80, including accessories and an extended warranty. This December, a buzzy startup called Carvana drove away with my car, cutting me a check for $20,905 — leaving me with a profit of $90.20.
Not only that, but Carvana’s offer was $5,000 higher than Vroom, $6,000 higher than TrueCar, and $7,500 higher than CarMax. Carvana’s offer changed day by day, too: the final one I accepted was $1,338 higher than its lowest quote.
I knew I had everything going for me — low mileage, no accidents, and desirable trim at a time when car prices are going through the roof on a model that Honda discontinued. And yet, it sounded ludicrous. Used cars almost never sell for more than their original price, and the company knew next to nothing about me. Yet, Carvana’s algorithm had agreed to pay $20K for my car sight-unseen, even bring a pre-printed check to my door, before any inspection took place. The online quote arrived so fast, I knew a human couldn’t have been involved.
But Carvana didn’t become the fastest-growing digital car dealership in the United States (and the third-fastest company to ever make the Fortune 500 list) by asking pesky humans the price of a car. Instead, it built a computer system, one it trusts so implicitly that no employee was ever going to question what my Honda Fit was worth.
… Carvana executives don’t think they have a bug. But they also can’t quite explain what’s going on with my Honda Fit.
The company’s last three quarterly earnings releases show it’s more than doubled its revenue and profit year over year and that the company averages over $4,000 in profit for every car it sells. But it’s not clear how Carvana could make anywhere near that on my vehicle.
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