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AI is Here, Is Your Company Ready? (Hint: No)

First published by The National Law Journal, December 2017

By Danny Tobey

The scale and scope of artificial intelligence is well-described. Merrill Lynch predicts an “annual creative disruption impact” of $14 to $33 trillion by 2025. Accenture estimates AI could double annual economic growth for 12 developed nations by 2035. Stephen Hawking predicts “the rise of powerful AI will be either the best, or the worst thing, ever to happen to humanity.”

Already, AI technologies are being adopted in medicine, law, finance, manufacturing, transportation, policing and retail, to name a few examples. And it’s been well-reported that AI has the potential to transform our legal system. But how? AI undermines basic assumptions bout causation, reliance and the role of human agency and supervision. Read entire article here.

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This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.