Gabe Pereira
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I think with like a lot of the legal work that gets done, there is stuff that is just not digital, right?
And so like from a capability perspective, I think I'm actually like, I did AI research.
I'm pretty aligned with like Dario and like the way these things are going.
And I think
To me, the biggest thing that I see in the legal industry is people don't think this is going to be as serious or it's going to happen as fast as it is happening because we're seeing this happening in engineering right now.
These models are getting so good at programming that they are better than most human engineers.
And to me, it's like there's no clear research blocker that that's not going to continue.
And it's going to keep speeding up because I think that research path is pretty clear.
And then a lot of what we're doing is how do we take those models that are really good at programming and translate them into legal.
And so I do think we will build systems that have the capability of automating
large parts, most parts of transactions.
My point is just there's parts of that that are not technical problems, right?
Like if you think of a negotiation, there is a part of a negotiation that has nothing, it doesn't matter how smart you are or how technical you are, right?
It's like, it is a human to human thing.
And it's like when you meet the GCs of a lot of these large companies, it's like when is the GC of a large private equity firm that is raising a $20 billion fund going to be comfortable with AI automating that entire fund, right?
It's like the downside's so big, it's just not worth it, right?
It's like, okay, maybe you can do that 30% cheaper, but the cost of a mistake is like that fund is structured incorrectly.
And now I just lost $2 billion.
I'll just have one of these law firms do it, and I'll have the partner review it, but hopefully they use AI for parts of it.