Peter McCrory

We don't talk specifically about that and I don't have super crystal clear thoughts.

I mean, one thing that jumps to my mind is we do see Claude being used for complex legal related tasks.

That was something that we pointed out in the productivity report.

That came out just before Thanksgiving last year in November.

And I think it hints at the direction of there may be uneven impact across legal occupations.

So paralegals might historically take on more of the reading and compiling and sort of analyzing legal documents in support of the lawyers at the firm.

Claude is capable and frontier models are increasingly capable of doing that type of work.

And you might see, and this is sort of a punchline of the report, is like for some jobs, there might be de-skilling where Claude's taking over the most complex tasks in your job.

And sort of that could lead to a greater risk of job displacement or lower wages for that type of role.

I think the complement of that would be lawyers are doing more than just looking at legal documents.

There's a lot of

interpersonal negotiation exactly bearing the burden of the liability when you sign your name on the document.

And so there you might actually see wages rise as this technology complements sort of, it's like another form of skill bias technical change.

Two, five, 10 years out from now, that's going to be much harder to anticipate given how quickly capabilities are developing, but that might be something that's on the near term.

I think the way that I think about the jaggedness, it would be along two fronts.

One, there's sort of the jagged frontier of capabilities that, you know, we're improving along

many dimensions, but we're proceeding more quickly along some domains, coding more so than others.

And so you get sort of this jagged baseline capability that is proceeding.

And then you also have the question of adoption, exactly to your point.

And historically, the adoption and diffusion of new technologies requires firms to make costly investments