How AI-powered chatbots are revolutionizing the legal industry

Harvey AI, a startup funded by OpenAI, has teamed up with global law firm Allen & Overy to automate legal document drafting and research. Harvey is a generative AI technology that uses OpenAI’s GPT software to save lawyers time and increase efficiency by serving as a starting point for legal work such as contract drafting and review. According to the startup, the deal with Allen & Overy could pave the way for more similar transactions.

Several legal tech firms have recently released AI-powered tools that include the technology for contract drafting and review. Allen & Overy partner David Wakeling believes that law firms that do not adopt generative AI will be at a competitive disadvantage in the long run. By automating repetitive tasks, the technology allows law firms to save time and money, but Wakeling emphasizes that any AI-assisted work will always be reviewed by a human lawyer. Legal work is a good fit for generative AI technology due to the high amount of repetition and text-based learning involved.

Source.

Interesting story? Please click on the ? button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

The most in-demand skill is something only humans can do” – Why Management is the Key to the Future of Work

In today’s world, we frequently hear about how technology is replacing jobs, but according to a new LinkedIn report, the most sought-after skills in 2023 will be management, communication, leadership, and teamwork, all of which are uniquely human. The report emphasizes the importance of soft skills such as empathy, motivation, and listening, which are all necessary for leading people and building strong teams.

While there has been criticism leveled at middle managers, many of whom have been tasked with balancing upper-management demands and employee expectations, it is critical to recognize the value of effective managers who have the necessary skills and training. Companies and individuals can invest in people-management training for those who genuinely want to be managers, while also providing alternative ways to reward and advance employees who are good at their jobs but do not want to be managers.

In today’s changing workplace, it is critical to learn how to lead with empathy, as well as how to motivate and listen to our coworkers and employees. We can ensure our relevance in a world where machines are taking over many tasks by developing and honing our soft skills. The ability to connect with others is a uniquely human strength that cannot be replicated by technology, and it is critical for workplace success.

Source.

Interesting story? Please click on the ? button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

Protecting businesses from cyber threats with Generative AI

As artificial intelligence (AI) becomes more common, organizations must not only protect themselves from malicious use cases, but also look for ways to defend themselves with AI. Generative AI can detect threats, guide remediation, and help secure cloud and Kubernetes environments. To fully utilize generative AI, businesses must consider new policies, training and output protection, and modernized security auditing. In the future, we must prioritize the protection of AI training and output, the establishment of generative AI usage policies, the modernization of security auditing, data hygiene, the assessment of bias, the creation of new jobs and responsibilities, the use of AI to optimize cyber investments, the enhancement of threat intelligence, and the implementation of a digital trust strategy. While the potential of AI is exciting, it is critical to ensure its ethical use.

As such, businesses must develop strong processes to build resilience against cyber attacks while also regulating its use. Protecting data input and developing prompts for targeted outputs, while also checking outputs for inherent bias, necessitates collaboration between the technology and the people who use it. The proper application of generative AI will provide businesses with the most value while minimizing risks.

Source.

Interesting story? Please click on the ? button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

How 10 industries are experimenting with ChatGPT

The rise of artificial intelligence (AI) in the workplace has fueled speculation about how it will affect job security and industry roles. Since November 2022, OpenAI’s ChatGPT, a language model chatbot trained on massive amounts of data, has been in the public domain. While some are concerned about the potential for AI to be abused, others are looking at the potential ways it can improve industries. The following ten industries are experimenting with ChatGPT:

  • Travel: Comparing the AI’s travel recommendations to those of an experienced advisor.
  • Legal: Using artificial intelligence to answer legal questions about a case and incorporating ChatGPT’s responses into a decision.
  • Real Estate: Using ChatGPT to generate property summaries for listings by typing keywords.
  • Marketing: Writing video scripts for promotional videos with ChatGPT.
  • Education: Students demonstrate mastery of a topic by teaching ChatGPT. Creating lesson plans and materials with ChatGPT.
  • Law Making: AI writing bills have been introduced in Massachusetts to regulate generative artificial intelligence.
  • Health: Testing the ability of ChatGPT to diagnose patients.
  • Publishing: Putting the AI’s ability to write articles to the test.
  • Tech: Without prior experience, write good code quickly, debug code, and create effective malware.
  • Government: Using ChatGPT to produce more human-like responses for citizens.

The rise of AI provides industries with a unique opportunity to improve their operations, but it must be used with caution … we are only in the first iterations of applying these technologies and mistakes will occur.

Source.

Interesting story? Please click on the ? button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

The Future of Music is in AI: David Guetta’s Insights

Super-producer and DJ David Guetta recently made an intriguing statement about the future of music, claiming that it lies in AI technology. While he recognizes that AI is a tool that cannot replace an artist’s taste and emotion, he believes it has the potential to define new musical styles.

Guetta compares the evolution of AI to the invention of influential musical instruments such as the TR-909 and sampler, noting that each new music style is the result of a new technology. This finding is significant because it implies that artificial intelligence can be used to push the boundaries of music and create new genres.

This statement is especially significant for marketers and copywriters because it indicates that the future of music and creativity is inextricably linked to technology. As a result, brands and businesses must keep up with emerging technological trends and incorporate them into marketing campaigns and copywriting. This not only keeps them relevant, but also ensures that their messaging and content resonate with and capture the attention of their audiences.

David Guetta’s comments about the future of music suggest that AI will be critical in defining new musical styles. This insight emphasizes the importance of incorporating emerging technological trends in marketing and copywriting in order to remain relevant and capture audiences’ attention.

Source.

Interesting story? Please click on the ? button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

Generative AI Models Struggle to be Adopted by Businesses: Four Major Obstacles

Though business leaders have been intrigued by the public reaction and engagement to this emerging technology, it still requires the right talent, governance, maturity, and budget to succeed. The top four gaps and barriers to entry that businesses encounter when implementing generative AI models are IT governance, data gathering and quality, maturity of tech stack, and cost. This article further explains that governance models should include guiding principles, focused on privacy, data security, algorithmic transparency within AI models, and cybersecurity vulnerabilities. Data quality is the second most significant capability gap, while generative AI adoption requires a level of modernization that most non-traditional tech companies are still embracing. Cost, although not considered a capability gap, is a barrier to entry for most businesses as large models require a lot of computing power. Vendors have already started customizing generative AI models to specific business needs, making it more accessible and affordable for enterprises.

Source.

Interesting story? Please click on the ? button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

Is AI a Threat to Architects?

ChatGPT, OpenAI’s powerful chatbot, has issued a strong warning to architects about the potential threat that AI poses to their profession. Architects who ignore AI’s potential “risk sleepwalking into oblivion,” according to the bot, with the technology set to revolutionize the industry and potentially render traditional architects obsolete. AI is progressing to the point where it can generate building designs autonomously faster and with greater accuracy than ever before, removing architects from the equation. ChatGPT encourages architects to take advantage of AI’s potential in order to avoid being left behind or forgotten. The rise of AI has become a major topic of discussion among architects and designers, with the technology expected to be a top trend in 2023. As AI evolves and becomes more advanced, it may soon be able to perform some of the functions of a human architect. Architects must pay attention to AI’s potential to revolutionize the industry or risk becoming obsolete.

Source.

Interesting story? Please click on the ? button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

The AI Revolution and the Singularity: Insights from a Pioneer

AI is transforming computing, and the prospect of artificial general intelligence and the “singularity” – the point at which machines outperform humans in capability – is closer than we thought. Turing Award winner and former Stanford University professor John Hennessy believes that AI systems such as ChatGPT are propelling us toward these technological dreams. While AI has revolutionized computing by making speech recognition commonplace and allowing us to unlock our phones with our faces, new developments in AI such as ChatGPT and Bard are generating new text and imagery, holding conversations, and even writing programs and poetry.

The question is whether AI can match the versatility of the human brain. Despite this uncertainty, Hennessy is optimistic about AI’s ability to continue to improve. The fundamental breakthrough in AI is learning from training data, which allows computers to navigate the complexities of the real world without the use of if-this-then-that software.

One issue with generative AI is that it has the potential to mislead us. Hennessy, on the other hand, sees AI as a “amplifier” that can help us improve what we produce. Google has similar concerns, which is why they waited until ChatGPT had gained so much traction before releasing Bard. While the AI revolution is breathtaking, we must exercise caution and ensure that we do not release a system that says or creates harmful or harmful things.

Source.

Interesting story? Please click on the ? button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

New high-speed technology 3D-prints complex objects and biological cells using holographic ultrasound

A radical new high-speed 3D printing process can print objects, solid particles, gel beads and even biological cells. The new process uses multiple acoustic holograms to generate pressure fields.

The research paves the way for creating novel 3D cell culture and for other biomedical tissue engineering, according to researchers at the Max Planck Institute for Medical Research and Heidelberg University.

With conventional additive manufacturing, objects are slowly constructed one line or layer at a time and mechanical or chemical stress is applied to biological structures.

Potential 3D printing breakthrough in biomedical engineering and rapid prototyping

The scientists have demonstrated how to form a 3D object in a single step, using shaped ultrasound (high-frequency sound waves commonly used for medical imaging tests). The process uses multiple acoustic holographic fields that drive a contactless assembly of solid micro-particles, hydrogel beads, and biological cells inside standard labware.

The process is promising for rapid prototyping, most notably biofabrication, since conventional methods are typically slow and apply mechanical or chemical stress on biological cells.

The researchers suggest that their technology is a promising method of forming cell cultures and tissues in 3D, because ultrasound is gentle and can travel deep into biological tissue. The structures can also be fixed (held in place) via gelation of the surrounding medium, assembling different classes of matter — solid particles, biological cells, and hydrogel beads — into 3D shapes in one shot.

In contrast to previous work, this approach handles matter with positive acoustic contrast and does not require opposing waves, supporting surfaces or scaffolds.

Science Advances paper (open access): Compact holographic sound fields enable rapid one-step assembly of matter in 3D

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

AI, Machine Learning, and Blockchain: How the Crypto Industry is being Disrupted

The crypto industry is being significantly disrupted by the combination of AI, machine learning, and blockchain. When the three technologies are combined, they offer a huge range of applications and opportunities. One of the advantages of blockchain technology is that it provides traceable nodes and secures distributed databases, providing transparent data sources for AI applications. Developers can also use decentralized ledger technology to ensure that no single server handles all of an application’s operations, and network parties working together can develop strong privacy protection. AI-generated smart contracts aid in the prevention of potential exploitation and provide improved traceability for malicious actors attempting to breach the system by breaking its codes or contracts. The Metaverse, an innovative digital universe that combines the power of artificial intelligence with blockchain-based technologies, provides enormous opportunities in artificial intelligence by accurately assessing and forecasting user behavior. Organizations can make faster decisions based on larger data sets and optimize operational efficiency in productive ways by leveraging the speed, power, and scope of AI and blockchain.

Source.

Interesting story? Please click on the ? button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter