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Gabe Pereira

๐Ÿ‘ค Speaker
341 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

It depends which model you're using.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

It depends on the agent harness.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

And so there's just this massive challenge of how do you organize all this work in this new way, given the models can do some stuff, but they make mistakes in ways that aren't intuitive.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

And so it is just this huge change management problem and like up-leveling problem.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

for not just legal, like all these industries.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

Like you're seeing the same thing in programming right now.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

So, I mean, the pitch is definitely not we can do what you can do with computers.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

But I think what helped early on was we found kind of certain partners or innovation leaders that...

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

AI isn't new to law firms.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

They had been using things like TAR and other kind of AI technologies to do parts of legal work.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

I think this was just such a large step change.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

But early on, for example, our first client was A&O and David Wakeling there when we showed him kind of, we got early access to GPT-4 and we built a product around that and showed that to him.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

He just had this light, the same light bulb moment we had where he's like, oh, this is going to change how we do work.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

And I think a lot of our pitch to law firms has been there will be parts of the work you do that these models will do the same way.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

Now, when you do discovery, you use tar and use contract attorneys and you don't use associates.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

So that's going to happen.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

But.

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

there is also going to be a lot of work that these law firms do that these models aren't going to do, right?

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

Like I don't see a world in the next 10 years where you're doing a large merger or a large litigation and it's fully automated, right?

Prof G Markets
Will This $11B AI Startup Disrupt Big Law?

Both for technology reasons, but also for regulatory insurance, all these reasons.