James Moore
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And you can enter it and it'll give you an answer and it might be right.
It might be wrong, but it'll, it'll generally give you an answer that's in the right direction.
You can throw in all kinds of legal questions into AI, into a couple of different engines, and you can get back a bunch of answers.
And then you average out the, those answers and you would, you kind of for free get what would cost you probably $50,000 in legal advice in a month.
That kind of cannibalization of the legal service sector is massive.
And law firms are struggling to try to find that.
It's happening with accounting as well.
It's happening with all kinds of things.
I know companies that I work with who take their entire report from their independent auditors and put the entire report and drop it into an AI engine and say, what are the flaws and the weaknesses in our analysis?
And it'll spit out 45%
deviations that you need to address.
And then you, then you get the new report and you put the entire report into an AI engine and it'll spit out a new analysis that'll get you closer to the exact science of where you are in your metrics.
Like it's dramatic.
So you think about the entire savings on the one hand and the opportunity on the other and the risks that are associated with all of that.
So I think people are right to be nervous.
We're, you know, in the mid nineties when, you know, the full access to the internet, people were really excited about what it meant.
But now here we are 20, 30 years later and people are realizing that, oh, that's what it did to retail.
Retail's gone, empty malls and all that because it's been completely cannibalized.
So I think we need to think about what the social sort of contact is with all of this and what that destruction will mean and therefore what the associated political consequence and government expectations will be to mediate that risk.
So, I mean, it's an open field in front of us.