The impact of voice search on firms — from lawtechnologytoday.org
Excerpts:
“Alexa, where can I find an attorney near me who specializes in…?”
“What is my liability if a tree in my yard falls on my neighbor’s house because of a storm?”
“…voice-activated legal searches are coming, and probably faster than you expect.”
Exploring Artificial Intelligence and the Law — a presentation/video by Avi Brudner, from blue J Legal
“When we realize that #blockchain is still in the infrastructure-building stage, we can put our efforts into perspective.”https://t.co/szwEEteu8k
— Daniel Christian (@dchristian5) October 11, 2019
Also see:
Blockchain: 5 Ways Cybercriminals Can Hack The Unhackable — from disruptionhub.com
From DSC:
Though this posting sounds negative on blockchain, I don’t mean it to be…as I think it may very well have a future. But these postings show that it’s still early in the game here.
The Future Ready Lawyer — from Wolters Kluwer
Excerpts:
Leveraging technology as a strategic advantage is characteristics of high-performing businesses and professionals around the world. The same is true for the legal sector. Technology is a differentiator, and will become even more important as legal professionals recognize and leverage the unprecedented insights, capabilities and efficiencies that technology delivers. In addition, the emerging legal ecosystems will demand it, as tech-empowered players outside of the traditional legal profession continue to enter and disrupt the market.
From DSC:
It’s interesting to note how many times the words “technology” (205 times) and/or the word “technologies” (77 times) appear in that report.
Meet AURS — Your go-to resource for addressing accessibility challenges — from wcetfrontiers.org and Quality Matters
Excerpt:
Accessibility is not only one of the main areas of focus for WCET, but a consistent issue and opportunity for higher education institutions. In order to support faculty, instructional designers, and others who work in the area, Quality Matters, a WCET member, created a new resource site for educators to get information on how to address key accessibility and usability concerns. Today’s post introduces the new website, AURS, and reviews the development process for the site and the resources.
Big money is betting on legal industry transformation — from forbes.com by Mark Cohen
Excerpts:
Law has been big business for decades, but only recently has significant venture capital, private equity, and entrepreneur money been pumped into the legal sector. Last year saw an eye-popping 718% increase in legal industry investment, and this year’s capital infusion through the third-quarter has already surpassed last year’s $1 billion total and could well double it. Capital is turbocharging customer-centric providers that are leveraging technology, process, new skillsets, and data to transform the legal function and the delivery of legal services.
…
Teaser alert: what’s to prevent Amazon, Google, or some other tech giant from entering the legal space, creating a global platform, injecting billions into infrastructure and talent, creating a global legal services hub that connects consumers with global legal delivery sources as never before imagined? Short answer: the inclination to do so.
Legal delivery has morphed into a three-legged stool supported by legal, technological, and business expertise.
‘Goliath is winning’: The biggest U.S. banks are set to automate away 200,000 jobs — from gizmodo.com by Brian Merchant
Excerpt (excerpt):
Over the next decade, U.S. banks, which are investing $150 billion in technology annually, will use automation to eliminate 200,000 jobs, thus facilitating “the greatest transfer from labor to capital” in the industry’s history. The call is coming from inside the house this time, too—both the projection and the quote come from a recent Wells Fargo report, whose lead author, Mike Mayo, told the Financial Times that he expects the industry to shed 10 percent of all of its jobs.
This, Mayo said, will lay the groundwork for, and I quote, “a golden age of banking efficiency.” The job cuts are slated to hit front offices, call centers, and branches the hardest, where 20-30 percent of those roles will be on the chopping block. They will be replaced by better ATMs, automated chatbots, and software instruments that take advantage of big data and cloud computing to make investment decisions.
“The next decade should be the biggest decade for banks in technology in history,” Mayo said.
From DSC:
How does this impact entry level positions? How does this help a young graduate who is trying to get out of the Catch 22 with job experience? How are colleges and universities helping young people navigate these quickly changing landscapes?
IT laggards could lose up to $20 billion in revenue over the next 5 years, says Accenture — from zdnet.com by Larry Dignan
Accenture’s leaders see enterprise technologies as a system compared to independent fixes and bet on cloud, AI, big data analytics and IoT.
Excerpt:
Companies that fail to scale innovation may lose up to $20 billion in revenue over the next five years as enterprises thrive or dive based on information technology decisions, according to Accenture.
Accenture’s report was based on a survey of more than 8,300 companies across 20 industries and 22 countries. Accenture scored companies on technology adoption, depth of technology adoption and cultural readiness. From there, Accenture segmented companies into leaders, defined as the top 10%, and laggards, which represent the bottom 25%.
Also see:
The 7 biggest technology trends in 2020 everyone must get ready for now — from forbes.com by Bernard Marr
Excerpts:
From DSC:
I appreciate this list from Bernard. I would also add voice-enabled interfaces/products (NLP) to this list, as well as more integration of AI into learning-related applications and services.
For the federal agencies, state representatives, senators, law schools, students in law school, lawyers, legislators, CIO’s, and CEO’s etc. out there: Are you/we ready for these? Given the pace of exponential change, how are you seeking to keep a pulse-check on these types of emerging technologies and their impacts on our society? How are you/we guiding the development of these emerging technologies?
The blinding of justice: Technology, journalism and the law — from thehill.com by Kristian Hammond and Daniel Rodriguez
Excerpts:
The legal profession is in the early stages of a fundamental transformation driven by an entirely new breed of intelligent technologies and it is a perilous place for the profession to be.
If the needs of the law guide the ways in which the new technologies are put into use they can greatly advance the cause of justice. If not, the result may well be profits for those who design and sell the technologies but a legal system that is significantly less just.
…
We are entering an era of technology that goes well beyond the web. The law is seeing the emergence of systems based on analytics and cognitive computing in areas that until now have been largely immune to the impact of technology. These systems can predict, advise, argue and write and they are entering the world of legal reasoning and decision making.
Unfortunately, while systems built on the foundation of historical data and predictive analytics are powerful, they are also prone to bias and can provide advice that is based on incomplete or imbalanced data.
…
We are not arguing against the development of such technologies. The key question is who will guide them. The transformation of the field is in its early stages. There is still opportunity to ensure that the best intentions of the law are built into these powerful new systems so that they augment and aid rather than simply replace.
From DSC:
This is where we need more collaborations between those who know the law and those who know how to program, as well as other types of technologists.
Celebrating 100,000 Alexa Skills -100,000 Thank Yous to You — from developer.amazon.com
Artificial Intelligence in Future and Present — from datafloq.com
A look at what AI might do and what it can actually do in various industries…
AI 50: America’s Most Promising Artificial Intelligence Companies — from forbes.com by Jillian D’Onfro
Excerpts:
Artificial intelligence is infiltrating every industry, allowing vehicles to navigate without drivers, assisting doctors with medical diagnoses, and mimicking the way humans speak. But for all the authentic and exciting ways it’s transforming the tasks computers can perform, there’s a lot of hype, too.
…
The inherently broad term gets bandied about so often that it can start to feel meaningless and gets trotted out by companies to gussy up even simple data analysis. To help cut through the noise, Forbes and data partner Meritech Capital put together a list of private, U.S.-based companies that are wielding some subset of artificial intelligence in a meaningful way and demonstrating real business potential from doing so.
…
The honorees span categories like human resources, security, insurance, and finance, with healthcare, transportation, and infrastructure startups best represented on the list.
Per Jane Hart on LinkedIn:
Top 200 Tools for Learning 2019 is now published, together with:
PLUS analysis of how these tools are being used in different context, new graphics, and updated comments on the tools’ pages that show how people are using the tools.
5 emerging tech trends impacting the enterprise — from campustechnology.com by Rhea Kelly
Excerpts:
Gartner’s Emerging Technologies Hype Cycle focuses specifically on new technologies (not previously highlighted in past Hype Cycles) that “show promise in delivering a high degree of competitive advantage over the next five to 10 years.” The five most impactful trends to watch this year are:
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