• Beyond Intuition: The Real Impact of AI on Law with Prof. Daniel Schwarcz

  • May 29 2024
  • Length: 15 mins
  • Podcast

Beyond Intuition: The Real Impact of AI on Law with Prof. Daniel Schwarcz

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  • Summary

  • Join us in a riveting MondAI bAIgel episode as we delve into "Lawyering in the Age of Artificial Intelligence" - article of Prof. Daniel Schwarcz, a leading figure in legal scholarship.

    This discussion illuminates the transformative impact of AI on legal practice, based on groundbreaking research that assesses GPT-4's influence on law students' legal tasks. Prof. Schwarcz shares compelling findings: a nuanced improvement in the quality of legal analysis, significant reductions in task completion times, and heightened work satisfaction among students utilizing AI.

    Despite modest average quality enhancements, the greatest benefit was observed in lower-skilled participants, suggesting an equalizing effect across abilities. Moreover, the study anticipates the future role of AI in law to be even more significant, considering the evolution of specialized AI tools, the potential for enhanced training, and technological advancements.

    This episode not only offers a glimpse into the immediate benefits of AI in legal education and practice but also proposes a forward-looking perspective on its role in reshaping the legal profession.

    https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4626276
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