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Artificial Intelligence Masterclass
LLMs 300x cheaper than human lawyers (and almost as good!) Better Call GPT - Knee of the Curve! | AI MASTERCLASS
Feb 14, 2025
The podcast dives into the enthusiastic public reception of AI, backed by compelling poll data. It highlights the paradox of tech layoffs, questioning whether they’re permanent as AI tools begin to reshape the legal profession. Language models are showcased as cheaper and faster alternatives to human lawyers. The discussion further explores the impact of AI on negotiations and diplomacy, particularly following new executive orders, illustrating the technology's potential to revolutionize various fields, including healthcare and research.
26:23
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Quick takeaways
- The current phase of AI development, termed the 'knee of the curve,' signifies rapid advancements and increased competition among major companies.
- Recent studies demonstrate that large language models can drastically reduce legal service costs while performing tasks at par with human lawyers.
Deep dives
Emotional Insights on AI
The podcast highlights the varying emotional responses toward artificial intelligence, revealing that the dominant sentiment is excitement and enthusiasm. A survey indicated that while feelings of confusion and apathy were minimal, many respondents expressed a mix of concern and eagerness regarding AI's potential. This demonstrates a broader recognition of AI's capabilities, even as an emotional bias of optimism is acknowledged by the speaker. The dialogue emphasizes the importance of maintaining a balanced view, recognizing both the challenges posed by misinformation and the constructive pathways that AI may offer for the future.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode