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AI and the Practice of Law: from CaseText to CoCounsel, with Pablo Arredondo, VP of CoCounsel for Thomson Reuters
"The Cognitive Revolution" | AI Builders, Researchers, and Live Player Analysis
Embracing Revolutionary Technology in the Legal Field
The introduction of parallel search technology in law was a remarkable success due to addressing the challenge of lawyers finding information without specific keywords. Despite the excitement about GBT3 in 2020, it was deemed unreliable and insufficient for legal professionals. However, the introduction of GBT4 in 2022 led to a complete pivot of the company due to its superior capabilities in summarization, creating timelines, and more. The company transformed its operations around GBT4, leveraging its features effectively and providing valuable feedback as domain experts for law. Although GBT4 proved immensely useful, it was discovered that it couldn't be used as a chatbot for law due to hallucinations and outdated information, highlighting the importance of considering such limitations when implementing advanced technology in the legal field.
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