When does “Hey,
That's a good idea!” translate into “If we don't do this, Class
Actions will be a slam dunk?” (Is there a service for the little
guys?)
Retailers
Share Cyber Attack Data Through New Retail-ISAC
… Officially
launched on Wednesday by the Retail Industry Leaders Association
(RILA), the Retail Cyber Intelligence Sharing Center (R-CISC)
is an independent organization that operates the Retail
Information Sharing and Analysis Center
(Retail-ISAC).
… Retailers
are also sharing anonymized information with the U.S. government via
RILA partnerships with federal agencies such as the DHS, the FBI and
the United States Secret Service, RILA said.
According
to the Association, R-CISC will also provide training and education
and research resources for retailers.
Shakespeare
said, “The first thing we do, let's automate all the lawyers!”
How
Machine Intelligence Will Transform the Role of Lawyers in the
Delivery of Legal Service
by Sabrina
I. Pacifici on May 15, 2014
McGinnis,
John O. and Pearce, Russell G., The Great Disruption: How Machine
Intelligence Will Transform the Role of Lawyers in the Delivery of
Legal Services (May 13, 2014). Northwestern Public Law Research Paper
No. 14-17; 82 Fordham Law Review 3041 (2014). Available at SSRN:
http://ssrn.com/abstract=2436937
“This
Article argues that machines are coming to disrupt the legal
profession and that bar regulation cannot stop them. Part
I describes the relentless growth of computer power in hardware,
software, and data collection capacity. This Part emphasizes that
machine intelligence is not a one-time event that lawyers will have
to accommodate. Instead, it is an accelerating force that will
invade an ever-larger territory and exercise a more firm dominion
over this larger area. We then describe five areas in which machine
intelligence will provide services or factors of production currently
provided by lawyers: discovery, legal search, document generation,
brief generation, and prediction of case outcomes. Superstars and
specialists in fast changing areas of the law will prosper — and
litigators and counselors will continue to profit — but the future
of the journeyman lawyer is insecure. Part II discusses how these
developments may create unprecedented competitive pressures in many
areas of lawyering. This Part further shows that bar regulation will
be unable to stop such competition. The
legal ethics rules permit, and indeed where necessary for lawyers to
provide competent representation, require lawyers to employ machine
intelligence. Even though unauthorized practice of law
statutes on their face prohibit nonlawyers’ use of machine
intelligence to provide legal services to consumers, these laws have
failed, and are likely to continue to fail, to limit the delivery of
legal services through machine intelligence. As a result, we expect
an age of unparalleled innovation in legal services and reject the
view of commentators who worry that bar regulations are a significant
stumbling block to technological innovation in legal practice.
Indeed, in the long run, the role of machine intelligence in
providing legal services will speed the erosion of lawyers’
monopoly on delivering legal services and will advantage consumers
and society by making legal services more transparent and
affordable.”
Just reminding my
students that stockholders can get management's attention – even if
they can't force the changes they want.
Chipotle
Stockholders Overwhelmingly Reject Executive Pay Plan – CMG
… During the
Mexican food chain’s annual meeting in Denver,
a stunning 77 percent of
shareholders voted against ratifying the current executive
compensation plan that had awarded more than $300 million
to its founder Steve Ells and his co-chief, Montgomery F. Moran, in
recent years.
The vote against the
company-backed “say-on-pay” proposal, while advisory and
non-binding, was the most profound shareholder rejection of any
measures this year.
Chipotle is taking the
rebuke “very seriously,” according
to spokesman Chris Arnold.
It's bad enough that my
students can tweet such earth shattering news as, “Spilled coffee
on my homework.” Now I have to watch the clean-up live as it
happens? Some potential for Privacy violation?
Is
Adding Live Video Mobli’s Last Throw Of The Photo App Dice?
Mobli,
the social-mobile photo and video-sharing app which competes with
Instagram and the like, has a major update out today that adds one,
single important new feature: live broadcast streaming. The question
is, will this be enough to attract the attention of the millions
sharing images on Instagram and, now, WhatsApp?
CNN may have it right..
Business opportunity: Phoney Google Glasses, look cool for only $15!
Google
Glass Explorer program finally opens to public
After many months of
hype, now anyone can pay $1,500 to be threatened by surly Luddite pub
patrons.
Good news! Now that
Google Glass has become something of a punch line or a pariah,
and word is out that the markup
on the cost of building each unit could be as high as 1,000 percent,
the beta program to test out the wearable augmented-reality display
is finally open to the public.
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