OpenAI CPO Kevin Weil says their o1 model can now write legal briefs that previously were the domain of $1000/hour associates: "what does it mean when you can suddenly do $8000 of work in 5 minutes for $3 of API credits?" pic.twitter.com/MotT9Oo9rv— Tsarathustra (@tsarnick) October 19, 2024 OpenAI's Chief Product…
Do you think the average consumer is going to want to have an AI represent them in court? People are still going to need lawyers to explain the law in laymen terms. For example, I work in tax law. And clients already struggle to understand what inventory capitalization ala code sections 263(a) is. And Why they need to adhere to it. I see how large language models can be useful. But I wonder if the hype is akin to crypto currency, or NFTs?
There is a hell of hype but some of it is justified.
Chat GPT is really good at explaining stuff. Try asking to explain inventory capitalization, and just repeatedly ask it to explain it simpler and simpler and simpler. Then ask why repeatedly. It has a hell of lot more patience than a human and the client is going to be far less embarrassed repeatedly asking an AI than a human.
I’d also expect it to be pretty good at picking out relevant case law if to feed it a specific issue. However, where issues will arise is it will just make shit up at some point and it’ll seem absolutely legit so you’ll accept it without question.
Do you think the average consumer is going to want to have an AI represent them in court? People are still going to need lawyers to explain the law in laymen terms. For example, I work in tax law. And clients already struggle to understand what inventory capitalization ala code sections 263(a) is. And Why they need to adhere to it. I see how large language models can be useful. But I wonder if the hype is akin to crypto currency, or NFTs?
There is a hell of hype but some of it is justified.
Chat GPT is really good at explaining stuff. Try asking to explain inventory capitalization, and just repeatedly ask it to explain it simpler and simpler and simpler. Then ask why repeatedly. It has a hell of lot more patience than a human and the client is going to be far less embarrassed repeatedly asking an AI than a human.
I’d also expect it to be pretty good at picking out relevant case law if to feed it a specific issue. However, where issues will arise is it will just make shit up at some point and it’ll seem absolutely legit so you’ll accept it without question.
infinite patience to produce bullshit has extremely limited utility