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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?

And so I think there's just enough structural things where I think a lot of people think about legal as, can you review this contract?

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

If you can do that, then we've reached automation.

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

But what these large law firms are doing and what these complicated regulatory industries are dealing with

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

is so much more complicated than just purely like a capabilities intelligence problem.

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

And so I think there will be things like that, that this is definitely going to happen on some timeline.

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

I just don't think it's like in the next two years.

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

We'll be right back.

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

Yeah, I think it's like the accountability is one piece.

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

I think the other thing is like, so to me, the argument against why this goes faster than self-driving cars is like the obvious, you know, beyond regulatory for self-driving cars, it's just, you need to build all these cars and it's like, it's hard to get all of them on the road.

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

And so this will go faster because it's digital and you don't have that restriction.

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

And I think to me, the biggest challenge is actually just how correlated all of the risk of adopting this technology all at once is.

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

Like if you think of what's so nice about self-driving cars is even for people not working in AI, it's quite intuitive what a self-driving car is, right?

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

Like you're just like, this drives, it didn't crash.

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

I can kind of evaluate it.

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

Accidents per mile makes a ton of sense.

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

But now if you think of a bank, for example, adopting this technology, these agents, not just in legal, across the entire bank at the scale you would need to do the disruption you're talking about, you're taking on all of this correlated risk on this technology that makes mistakes in ways that isn't intuitive.

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

it's like company destroying if you take this risk incorrectly, right?

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

And the same reason that self-driving cars freak people out, it's because they cause accidents in ways that you don't anticipate because you're like, as a human driver, I wouldn't make that mistake, even if statistically it's safer.

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

And I think there's just going to be so many variations of that where all of the second order effects and things like this.

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

And if you think of legal, it's,