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John Davies

👤 Speaker
22 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

Absolutely.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

Hello.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

I think the key thing is that all these generic tools don't have access to the vast pools of data, which the very specialized tools, which the established companies have access to, which they've built up really over many decades, even centuries in some cases, and they're not easily replicable sets of data.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

It's a lot of shoe leather involved.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

You've got to visit vast numbers of courthouses.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

And it's not simply a question of digitizing the information.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

You've also got to put it in context.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

So the companies we're talking about here, Westlaw and LexisNexis, each employ many hundreds of legal professionals and have done for a very long time.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

And all that information is caught up inside their products.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

And that's the thing which I think the...

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

the generic tools won't have access to, don't have access to, and therefore they're more likely to make mistakes, to hallucinate, to lead people astray.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

And you can't really work this stuff out from first principles, because sometimes the law defies logic.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

It's not really like a science problem.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

I think if they do somehow manage to gain access to data and clearly, you know, while it's expensive to replicate, these companies have a vast amount of money.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

So that could be one angle.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

And I guess the other one is if in some way it's a bit like proving a negative, but if they can somehow prove that they're no longer hallucinating,

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

And then they can point to where they don't have the knowledge and say, okay, beyond this point, you need as a lawyer to go and do the work yourself.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

But here is the kind of basic tool set that could become quite a useful product, which could be sold perhaps at a much lower cost than the incumbent providers have at the moment.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

But it really seems like quite a stretch.

Bloomberg Tech
Tech Earnings: Google’s Spending, Arm’s AI Data Center Push

And there's an enormous amount of

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