new business models

What DICE does in this posting will be available 24x7x365 in the future [Christian]

On 11/20/2024, in 21st century, 24x7x365 access, adjunct faculty, adult learning, Artificial Intelligence/Agents/LLMs/and Related, business, career development, changing business models, colleges, communities of practice, community colleges, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, cost of getting a degree, Daniel S. Christian, digital learning, distance education, education technology, elearning, emerging technologies, entrepreneurship, experimentation, faculty/staff, future, future of higher education, game-changing environment, global, heutagogy, higher education, homeschooling/homeschoolers, human-computer interaction (HCI), ideas, innovation, instructional design, intelligent systems, intelligent tutoring, internet, K-12 related, law schools, learning, learning agents, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, learning hubs & pods & microschooling, learning preferences, learning spaces, liberal arts, library / librarians, lifelong learning, MBA, microlearning, multimedia, Natural Language Processing (NLP), neurodivergent/special needs, new business models, online learning, online media, online tutoring, personalized/customized learning, platforms, productivity / tips and tricks, remote teaching and learning, skills, staying relevant, student-related, surviving, teachers, teaching & learning, teaching online, technologies for your home, training / L&D, universities, vendors, videoconferencing, virtual field trips, virtual K-12 schools, Virtual Reality (VR) / worlds / learning, virtual tutoring, vision/possibilities, vocational / trades, voice recognition / voice enabled interfaces, web-based collaboration, workplace, by Daniel Christian

From DSC:
First of all, when you look at the following posting:

What Top Tech Skills Should You Learn for 2025? — from dice.com by Nick Kolakowski

…you will see that they outline which skills you should consider mastering in 2025 if you want to stay on top of the latest career opportunities. They then list more information about the skills, how you apply the skills, and WHERE to get those skills.

I assert that in the future, people will be able to see this information on a 24x7x365 basis.

Which jobs are in demand?
What skills do I need to do those jobs?
WHERE do I get/develop those skills?

And that last part (about the WHERE do I develop those skills) will pull from many different institutions, people, companies, etc.

BUT PEOPLE are the key! Oftentimes, we need to — and prefer to — learn with others!

It’s The End Of The Legal Industry As We Know It — from artificiallawyer.com by Richard Tromans

It’s the end of the legal industry as we know it and I feel fine. I really do.

The legal industry as we know it is already over. The seismic event that triggered this evolutionary shift happened in November 2022. There’s no going back to a pre-genAI world. Change, incremental or otherwise, will be unstoppable. The only question is: at what pace will this change happen?

It’s clear that substantive change at the heart of the legal economy may take a long time – and we should never underestimate the challenge of overturning decades of deeply embedded cultural practices – but, at least it has begun.

AI: The New Legal Powerhouse — Why Lawyers Should Befriend The Machine To Stay Ahead — from today.westlaw.com

(October 24, 2024) – Jeremy Glaser and Sharzaad Borna of Mintz discuss waves of change in the legal profession brought on by AI, in areas such as billing, the work of support staff and junior associates, and ethics.

The dual nature of AI — excitement and fear
AI is evolving at lightning speed, sparking both wonder and worry. As it transforms industries and our daily lives, we are caught between the thrill of innovation and the jitters of uncertainty. Will AI elevate the human experience or just leave us in the dust? How will it impact our careers, privacy and sense of security?

Just as we witnessed with the rise of the internet — and later, social media — AI is poised to redefine how we work and live, bringing a mix of optimism and apprehension. While we grapple with AI’s implications, our clients expect us to lead the charge in leveraging it for their benefit.

However, this shift also means more competition for fewer entry-level jobs. Law schools will play a key role in helping students become more marketable by offering courses on AI tools and technology. Graduates with AI literacy will have an edge over their peers, as firms increasingly value associates who can collaborate effectively with AI tools.

Will YOU use ChatGPT voice mode to lie to your family? Brainyacts #244 — from thebrainyacts.beehiiv.com by Sam Douthit, Aristotle Jones, and Derek Warzel.

Small Law’s Secret Weapon: AI Courtroom Mock Battles — this excerpt is by Brainacts author Josh Kubicki
As many of you know, this semester my law students have the opportunity to write the lead memo for this newsletter, each tackling issues that they believe are both timely and intriguing for our readers. This week’s essay presents a fascinating experiment conducted by three students who explored how small law firms might leverage ChatGPT in a safe, effective manner. They set up ChatGPT to simulate a mock courtroom, even assigning it the persona of a Seventh Circuit Court judge to stage a courtroom dialogue. It’s an insightful take on the how adaptable technology like ChatGPT can offer unique advantages to smaller practices. They share other ideas as well. Enjoy!

The following excerpt was written by Sam Douthit, Aristotle Jones, and Derek Warzel.

One exciting example is a “Courtroom Persona AI” tool, which could let solo practitioners simulate mock trials and practice arguments with AI that mimics specific judges, local courtroom customs, or procedural quirks. Small firms, with their deep understanding of local courts and judicial styles, could take full advantage of this tool to prepare more accurate and relevant arguments. Unlike big firms that have to spread resources across jurisdictions, solo and small firms could use this AI-driven feedback to tailor their strategies closely to local court dynamics, making their preparations sharper and more strategic. Plus, not all solo or small firms have someone to practice with or bounce their ideas off of. For these practitioners, it’s a chance to level up their trial preparation without needing large teams or costly mock trials, gaining a practical edge where it counts most.

Some lawyers have already started to test this out, like the mock trial tested out here. One oversimplified and quick way to try this out is using the ChatGPT app.

The Human in AI-Assisted Dispute Resolution — from jdsupra.com by Epiq

Accountability for Legal Outputs
AI is set to replace some of the dispute resolution work formerly done by lawyers. This work includes summarising documents, drafting legal contracts and filings, using generative AI to produce arbitration submissions for an oral hearing, and, in the not-too-distant future, ingesting transcripts from hearings and comparing them to the documentary record to spot inconsistencies.

As Pendell put it, “There’s quite a bit of lawyering going on there.” So, what’s left for humans?

The common feature in all those examples is that humans must make the judgement call. Lawyers won’t just turn over a first draft of an AI-generated contract or filing to another party or court. The driving factor is that law is still a regulated profession, and regulators will hold humans accountable.

The idea that young lawyers must do routine, menial work as a rite of passage needs to be updated. Today’s AI tools put lawyers at the top of an accountability chain, allowing them to practice law using judgement and strategy as they supervise the work of AI.

Small law firms embracing AI as they move away from hourly billing — from legalfutures.co.uk by Neil Rose

Small law firms have embraced artificial intelligence (AI), with document drafting or automation the most popular application, according to new research.

The survey also found expectations of a continued move away from hourly billing to fixed fees.

Legal technology provider Clio commissioned UK-specific research from Censuswide as an adjunct to its annual US-focused Legal Trends report, polling 500 solicitors, 82% of whom worked at firms with 20 lawyers or fewer.

Some 96% of them reported that their firms have adopted AI into their processes in some way – 56% of them said it was widespread or universal – while 62% anticipated an increase in AI usage over the next 12 months.

AI should significantly help with Access to Justice [Sonday] + other AI/legaltech-related items

On 10/22/2024, in Artificial Intelligence/Agents/LLMs/and Related, change, changing business models, emerging technologies, law schools, Legal operations, legal reform, legal technologies, legislatures / government / legal, new business models, platforms, productivity / tips and tricks, tools, trends, UK, United States, vendors, by Daniel Christian

DC: I’m really hoping that a variety of AI-based tools, technologies, and services will significantly help with our Access to Justice (#A2J) issues here in America. So this article, per Kristen Sonday at Thomson Reuters — caught my eye.

***

AI for Legal Aid: How to empower clients in need — from thomsonreuters.com by Kristen Sonday
In this second part of this series, we look at how AI-driven technologies can empower those legal aid clients who may be most in need

It’s hard to overstate the impact that artificial intelligence (AI) is expected to have on helping low-income individuals achieve better access to justice. And for those legal services organizations (LSOs) that serve on the front lines, too often without sufficient funding, staff, or technology, AI presents perhaps their best opportunity to close the justice gap. With the ability of AI-driven tools to streamline agency operations, minimize administrative work, more effectively reallocate talent, and allow LSOs to more effectively service clients, the implementation of these tools is essential.

Innovative LSOs leading the way

Already many innovative LSOs are taking the lead, utilizing new technology to complete tasks from complex analysis to AI-driven legal research. Here are two compelling examples of how AI is already helping LSOs empower low-income clients in need.

#A2J #justice #tools #vendors #society #legal #lawfirms #AI #legaltech #legalresearch

Criminal charges, even those that are eligible for simple, free expungement, can prevent someone from obtaining housing or employment. This is a simple barrier to overcome if only help is available.
…
AI offers the capacity to provide quick, accurate information to a vast audience, particularly to those in urgent need. AI can also help reduce the burden on our legal staff…

A legal tech executive explains how AI will fully change the way lawyers work — from legaldive.com by Justin Bachman
A senior executive with ContractPodAi discusses how legal AI poses economic benefits for in-house departments and disruption risks for law firm billing models.

Everything you thought you knew about being a lawyer is about to change.

Legal Dive spoke with Podinic about the transformative nature of AI, including the financial risks to lawyers’ billing models and how it will force general counsel and chief legal officers to consider how they’ll use the time AI is expected to free up for the lawyers on their teams when they no longer have to do administrative tasks and low-level work.

Legaltech will augment lawyers’ capabilities but not replace them, says GlobalData — from globaldata.com

Traditionally, law firms have been wary of adopting technologies that could compromise data privacy and legal accuracy; however, attitudes are changing
Despite concerns about technology replacing humans in the legal sector, legaltech is more likely to augment the legal profession than replace it entirely
Generative AI will accelerate digital transformation in the legal sector

Workera’s CEO was mentored by Andrew Ng. Now he wants an AI agent to mentor you. [Zeff]

On 10/05/2024, in 21st century, 24x7x365 access, adult learning, Artificial Intelligence/Agents/LLMs/and Related, career development, cloud-based computing / apps / other cloud-related, curriculum, Daniel S. Christian, emerging technologies, future, game-changing environment, human-computer interaction (HCI), ideas, innovation, instructional design, intelligent systems, intelligent tutoring, learning, learning agents, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, lifelong learning, new business models, online learning, online media, online tutoring, personalized/customized learning, platforms, reinvent, skills, staying relevant, tools, training / L&D, United States, vendors, workplace, by Daniel Christian

Workera’s CEO was mentored by Andrew Ng. Now he wants an AI agent to mentor you. — from techcrunch.com by Maxwell Zeff; via Claire Zau

On Tuesday, Workera announced Sage, an AI agent you can talk with that’s designed to assess an employee’s skill level, goals, and needs. After taking some short tests, Workera claims Sage will accurately gauge how proficient someone is at a certain skill. Then, Sage can recommend the appropriate online courses through Coursera, Workday, or other learning platform partners. Through chatting with Sage, Workera is designed to meet employees where they are, testing their skills in writing, machine learning, or math, and giving them a path to improve.

From DSC:
This is very much akin to what I’ve been trying to get at with my Learning from the Living [AI-Based Class] Room vision. And as learning agents come onto the scene, this type of vision should take off!

Average Student Loan Debt — from educationdata.org by Melanie Hanson; last updated August 16, 2024

Report Highlights.

The total average student loan debt (including private loan debt) may be as high as $40,681.
The average federal student loan debt is $37,853 per borrower.
Outstanding private student loan debt totals $128.8 billion.
The average student borrows over $30,000 to pursue a bachelor’s degree.
A total of 42.8 million borrowers have federal student loan debt.
It may take borrowers close to 20 years to pay off their student loans.

From DSC:
In other words, we are approaching the end of the line in terms of following the status quo within higher education. Institutions of traditional higher education can no longer increase their cost of tuition by significantly more than the rate of inflation. Increasingly, K-12 students (and families) are looking for other pathways and alternatives. Higher ed better stop trying to change around the edges…they need new, more cost-effective business models as well as being able to be much more responsive in terms of their curricula.

Should we be concerned about what’s happening at OpenAI? What does this say about the leader of arguably 1 of the most powerful co’s in the world today?

On 09/27/2024, in Artificial Intelligence/Agents/LLMs/and Related, business, change, changing business models, corporate / business world, Daniel S. Christian, future, game-changing environment, generational differences, global, leadership, new business models, Open AI, society, strategy, the downsides of how people use tech, United States, vendors, by Daniel Christian

One left
byu/jim_andr inOpenAI

From DSC:
I’m not trying to gossip here. I post this because Sam Altman is the head of arguably one of the most powerful companies in the world today — at least in terms of introducing change to a variety of societies throughout the globe (both positive and negative). So when we’ve now seen almost the entire leadership team head out the door, this certainly gives me major pause. I don’t like it. Items like the ones below begin to capture some of why I’m troubled and suspicious about these troubling moves.

OpenAI board mulls equity stake for Sam Altman that could be a massive payday — from fortune.com by Dave Smith
And as Linus Ekenstam points out:

So. hear me out. it’s natural for leadership to change. but if we look at Apple, leadership changes over decades if not more.

Why, if everything is so fast paced, hyper growth oriented and groundbreaking. Do people choose to leave?

I think I and many others are baffled

— Linus @ Meta Connect (@LinusEkenstam) September 26, 2024

OpenAI to Become For-Profit Company — from wsj.com by Deepa Seetharaman, Berber Jin, and Tom Dotan (behind paywall)
Planned restructuring comes amid personnel upheaval including resignation of chief technology officer
Three more execs out at OpenAI, including technology chief Mira Murati — from cnn.com by Clare Duffy
OpenAI’s executive exodus is continuing with three top leaders announcing their exits Wednesday, including Chief Technology Officer Mira Murati.

DSC: I agree with Brandon Busteed on this item — excellent pricing/tuition transparency!

On 09/18/2024, in changing business models, colleges, community colleges, cost of getting a degree, faculty/staff, higher education, ideas, law schools, leadership, learning ecosystem, new business models, parents/guardians, society, sociology, strategy, student-related, United States, universities, by Daniel Christian

From DSC:
The cost of obtaining a degree is heavily on my mind this morning as I’m having to withdraw funds — again — to help our son get through his senior year of college. He’s a Marine Reservist and he continues to do his best to contribute to his expenses…but man o’ man, these expenses are just crazy.

So it’s no surprise this item caught my eye! Anything colleges and universities can do to bring down the prices — as well as make the total prices more transparent and upfront — would be greatly appreciated by students and families alike.

Also related, see:

How Rising Higher Ed Costs Change Student Attitudes About College — from edsurge.com by Jeffrey R. Young

But she admits the issue is complicated. She said one of her own daughters, who is now 26, would have benefitted from a gap year. “The problem was the cost was a major factor,” Klein told me. “She was offered huge financial aid by a very good school, and I said, ‘We don’t know if you take a gap year if that offer is going to be on the table. And I can’t afford this school without that offer.’”

New Microschools for a New School Year [McDonald]

On 08/28/2024, in Alternatives, education, education reform, innovation, K-12 related, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, learning hubs & pods & microschooling, learning preferences, learning spaces, new business models, parents/guardians, student-related, teachers, teaching & learning, youth, by Daniel Christian

New Microschools for a New School Year — from the74million.org by Kerry McDonald
As parent demand for more individualized education options grows, everyday entrepreneurs are stepping up to meet that demand by launching microschools

Microschools and similarly creative schooling options gained increased popularity in the wake of the pandemic, and they continue to gain momentum. Not only are new schools and spaces opening across the U.S. but existing ones are expanding.

New data from VELA, a philanthropic nonprofit organization and entrepreneur community, reveals that over 90 percent of the unconventional learning environments it surveyed had more learners last fall than they did at their launch date, and the median compound rate of growth for these programs was 25 percent a year.

School is back in session, and so are AI art classes [Farfan]

On 08/28/2024, in art, Artificial Intelligence/Agents/LLMs/and Related, business side of he, career development, change, changing business models, colleges, community colleges, creativity, curriculum, new business models, United States, universities, by Daniel Christian

School is back in session, and so are AI art classes — from hyperallergic.com by Isa Farfan
New university programs are incorporating generative tools into studio art courses while attempting to address the murky ethics of the technology.

There’s a new addition to the course catalog at Ringling College of Art and Design, a small private art school in southwest Florida: an Artificial Intelligence Undergraduate Certificate.

The college claimed its new program is the first-of-its-kind AI certificate at an undergraduate arts institution in a news release earlier this month. Other schools in the United States offer courses and certificates focused on the integration of artificial intelligence and creative work, and educators across the country have already brought the technology into the art studio. Critics, however, say pushing AI into arts education won’t level the playing field for professional artists competing against increasingly sophisticated generative tools.

From DSC:
Though this next item is not necessarily related to AI, the following is still art and it’s very fun to watch!

Wait for the magic pic.twitter.com/peHgBHCoti

— Learn Something (@cooltechtipz) August 27, 2024

Predicting college closures — from hechingerreport.org by Jon Marcus
Colleges across the country are closing at a rapid rate – on average, about one a week. Some of the closures were unexpected, shocking people at institutions that enrolled new students and hired new faculty right up until the decision was made to close. We chatted with Jon Marcus, our senior higher education reporter, to learn more about how students and faculty can protect themselves.

Q: What made you decide to devote an entire episode of your College Uncovered podcast to college closures?

Jon Marcus: The number of colleges that are closing has grown so fast that it’s become a big part of what we cover on our beat. And since the College Uncovered podcast is meant to help consumers navigate the complicated process of pursuing higher education, we wanted to answer a question we increasingly hear from prospective students and their parents: How do I know if the college I pick will be around long enough for me to graduate? (The fact that this has become something people wonder speaks to the low level of confidence the public has in higher education these days.)

Private colleges likely won’t see big net tuition growth anytime soon, Fitch says — from highereddive.com by Ben Unglesbee
Fitch Ratings found a 1.1% year over year increase in net tuition revenue for fiscal 2023, but this isn’t enough to preserve margins at private nonprofits.

Dive Brief:

Fitch Ratings found net tuition grew in fiscal 2023 among the colleges it rates but warned that the hikes would not be sufficient to preserve margins for private nonprofits.
Across its portfolio of rated institutions, Fitch found a 1.1% year-over-year increase in net tuition and fees, marking renewed growth after two years of declines, according to Fitch Senior Director Emily Wadhwani.
“In our view, prospects for future growth in net tuition for 2024 and beyond remain limited, and will likely remain near or below 2%-2.5% annually on average for the next few years,” Wadhwani said by email.

Do Shocking College Tuition Prices Reflect What Students Actually Pay? — from edsurge.com by Nadia Tamez-Robledo

It’s no secret that high school students are looking at the prospect of college more skeptically, and a large part of their hesitation comes from worry about taking on thousands of dollars in student loans.

It’s only natural that they would experience sticker shock after researching the annual cost of attendance at universities that have caught their eye — which might be equivalent to a parent’s annual salary.

But should students count on having to scrape together that full amount?

Not likely, based on EdSurge’s number crunching.

From DSC:
But the problem is that many don’t know the games that are played behind the scenes within the world of higher education. Some families/students might see the retail price of a degree and say, “No way man…no can do.” The sticker shock is real in many cases (and not to mention the stories of seeing other friends and family members in debt decades after graduating).

How merit aid is expanding — from jeffselingo-14576223.hs-sites.com by Jeffrey Selingo

Excerpt (emphasis DSC):

Bottom line: Discounting is so widespread in higher ed now that the frequent comparisons of merit aid to “Kohl’s cash,” the discount strategy employed by the mid-market retailer–where basically every day is a sale–are not wrong.

“With a few exceptions, colleges all now have an opening bid with families,” said Brian Zucker, who runs Human Capital Research Corporation, one of several firms that assists colleges with their discounting strategies.
This discounting approach worked when institutions were able to raise their top-line prices and thus extract more revenue each year from students.
But at many colleges, net-tuition revenue is flat or falling. Fitch Ratings said last week that institutions it rates for bonds saw their net-tuition revenue rise just 1.1% last year–not enough to keep up with inflation or have enough of a financial cushion to weather the current enrollment storms.
Just like in the 1970s, when colleges developed tuition discounts, the time has come for higher ed to come up with a new pricing scheme in addition, of course, of finding ways to reduce costs.

The New Trick Families Are Using to Lower College Tuition Bills — from nymag.com by Jeffrey Selingo
Many schools are eager for paying students — and ready to offer deals.

“Colleges keep giving out more merit aid to more families because they can’t get them to pay more,” Mark Salisbury told me. Salisbury, a former administrator at Augustana College in Illinois, runs TuitionFit, a website where people can share their financial-aid offers and see what others like them got. Most of the money that colleges are giving out in merit aid isn’t coming from the endowment. Rather, it’s revenue the college never receives — a simple price cut off the top. Salisbury and others in the business refer to it as “Kohl’s cash,” after the discount strategy employed by the mid-market retailer.

Daniel Christian: My slides for the Educational Technology Organization of Michigan’s Spring 2024 Retreat

On 06/13/2024, in 21st century, 24x7x365 access, Access to Justice (A2J), adjunct faculty, Adobe, adult learning, Artificial Intelligence/Agents/LLMs/and Related, bots, business side of he, change, cloud-based computing / apps / other cloud-related, colleges, community colleges, content development, aggregation, repositories, corporate / business world, corporate universities / corporate training, cost of getting a degree, creativity, culture, dangers of the status quo, Daniel S. Christian, data related items, design, digital audio, digital learning, digital photography, digital storytelling, digital video, education technology, emerging technologies, experimentation, faculty/staff, future of higher education, game-changing environment, heutagogy, higher education, homeschooling/homeschoolers, human-computer interaction (HCI), ideas, innovation, instructional design, intelligent systems, intelligent tutoring, K-12 related, learning, learning agents, learning ecosystem, Learning Experience Design, Learning from the Living [Class] Room, liberal arts, library / librarians, lifelong learning, media/film, microlearning, more voice more choice more control, multimedia, Natural Language Processing (NLP), new business models, NVIDIA, online media, online tutoring, Open AI, pace of change, personalized/customized learning, platforms, productivity / tips and tricks, professional development, reinvent, skills, society, staying relevant, streams of content, student-related, surviving, teachers, technologies for your home, technology (general), the downsides of how people use tech, tools, training / L&D, TVs, United States, universities, user experience (UX), user interface design, vendors, vision/possibilities, web-based collaboration, workplace, by Daniel Christian

From DSC:
Last Thursday, I presented at the Educational Technology Organization of Michigan’s Spring 2024 Retreat. I wanted to pass along my slides to you all, in case they are helpful to you.

Topics/agenda:

Topics & resources re: Artificial Intelligence (AI)
- Top multimodal players
- Resources for learning about AI
- Applications of AI
- My predictions re: AI
The powerful impact of pursuing a vision
A potential, future next-gen learning platform
Share some lessons from my past with pertinent questions for you all now
The significant impact of an organization’s culture
Bonus material: Some people to follow re: learning science and edtech

Slides of the presentation (.PPTX)
Slides of the presentation (.PDF)

Plus several more slides re: this vision.

The Digital Transformation Journey: Lessons For Lawyers Embracing AI — from abovethelaw.com by Olga V. Mack
The journey from the days of leather-bound law books to the digital age — and now toward an AI-driven future — offers valuable lessons for embracing change.

No One Will Miss The ‘Good Old Days’
I have yet to meet a lawyer nostalgic for the days of manually updating law reports or sifting through stacks of books for a single precedent. The convenience, speed, and breadth of digital research tools have made the practice of law more efficient and effective. As we move further into the AI era, the enhancements in predictive analytics, document automation, and legal research will make the “good old days” of even the early digital age seem quaint. The efficiencies and capabilities AI brings to the table are likely to become just as indispensable as online databases are today.

The Way We ‘Law’ Will Change For The Better
The ultimate goal of integrating AI into legal practice isn’t just to replace old methods with new ones; it’s to enhance our ability to serve justice, increase access to legal services, and improve the quality of our work. AI promises to automate mundane tasks, predict legal outcomes with greater accuracy, and unearth insights from vast data. These advancements will free us to focus more on the nuanced, human aspects of law — strategy, empathy, and ethical judgment.

AI to Help Double Legal Tech Market Over Five Years, Gartner Says — from news.bloomberglaw.com by Isabel Gottlieb (behind a paywall)

Tech to take up a bigger share of in-house legal spend
Generative AI boom has much longer to run

The legal tech market will expand to $50 billion by 2027, driven by the generative artificial intelligence boom, according to an analysis by market research firm Gartner Inc.

That growth, up from about $23 billion in 2022, will be driven by continued law firm spending on AI legal tech, as well as in-house departments allocating more of their overall budgets to technology, said Chris Audet, chief of research in Gartner’s legal, risk and compliance leaders practice. The market size prediction, released publicly on Thursday, comes from a late-2023 analysis for Gartner clients, and the 2022 market size comes from …

Legal Tech Market To See Huge Lift Off Thanks to GenAI — from digit.fyi by Elizabeth Greenberg

The global legal technology market has grown significantly in recent years and generative AI (GenAI) will accelerate this growth, meaning the market will reach $50 billion in value by 2027, according to Gartner.

“GenAI has huge potential for bringing more automation to the legal space,” said Chris Audet, chief of research in the Gartner for legal, risk & compliance leaders practice.

“Rapid GenAI developments, and the widespread availability of consumer tools such as OpenAI’s ChatGPT and Google’s Bard, will quickly increase the number of established legal technology use cases, in turn creating growing market conditions for an increasing number of legal-focused tools.”

“New technologies can fundamentally change the way legal organizations do business, and GenAI has enormous potential to do this,” an analyst at Gartner said.

Revolutionizing Legal Tech in 48 Hours — from law.stanford.edu by Monica Schreiber
At CodeX Hackathon, SLS Students Help Create Award-Winning AI Tools to Help Veterans and Streamline M&A

Disabled veterans seeking to file claims with the Veterans Administration are faced with multiple hurdles and reams of paperwork. Many vets resort to paying third-party companies thousands of dollars to help them with the process.

What if there were a way to streamline the claims process—to condense burdensome information gathering and data inputting into a linear, simplified set of tasks guided by a chatbot? How long would it take to roll out a tool that could accomplish that?

The answer: about 48 hours—at least for an interdisciplinary team of students from Stanford University’s schools of Law, Business, and Computer Science collaborating feverishly during Codex’s Large Language Model (LLM) Hackathon held recently on campus.

What If Your Law Firm Had A Blank Page For Legal Tech? — from artificiallawyer.com

f law firms had a blank page for legal technology and innovation, what would they do?

While organisations across all sectors are getting to grips with the opportunities and risks posed by genAI, forward-thinking law firm leaders are considering what it means for their businesses – today, tomorrow, and the day after tomorrow.

But some firms remain constrained by yesterday, due to legacy processes, ways of working and mindsets. To create the conditions for change, firms need to adopt a ‘blank page’ approach and review all areas of their businesses by asking: if we were starting afresh, how would we design the organisation to future-proof it to achieve transformative growth with genAI at the core?

From DSC:
This sentence reminds me of the power of culture:

But some firms remain constrained by yesterday, due to legacy processes, ways of working and mindsets.

Fresh Voices on Legal Tech with Sarah Glassmeyer — from legaltalknetwork.com by Dennis Kennedy, Tom Mighell, and Sarah Glassmeyer

What if, instead of tech competence being this scary, overwhelming thing, we showed lawyers how to engage with technology in a more lighthearted, even playful, way? The reality is—tech competency doesn’t have an endpoint, but the process of continuous learning shouldn’t be dull and confusing. Sarah Glassmeyer joins Dennis and Tom to talk about her perspectives on technology education for attorneys, the latest trends in the legal tech world and new AI developments, and growing your knowledge of technology by building on small skills, one at a time.
.

How Legal Technology Can Add Value to an M&A Practice — from lexology.com

Following is a primer on some of the A.I.-driven legal technologies, from contract review and automated due-diligence solutions to deal collaboration and closing-management tools, that can drive productivity and efficiency during the four phases of an M&A transaction, as well as enhance market insight and client service.

Dr Abigail Rekas, Lawyer & Lecturer at the School of Law, University of Galway

Abigail is a lecturer on two of the Law micro-credentials at University of Galway – Lawyering Technology & Innovation and Law & Analytics. Micro-credentials are short, flexible courses designed to fit around your busy life! They are designed in collaboration with industry to meet specific skills needs and are accredited by leading Irish universities.

Visit: universityofgalway.ie/courses/micro-credentials/

The Implications of Generative AI: From the Delivery of Legal Services to the Delivery of Justice — from iaals.du.edu by

The potential for AI’s impact is broad, as it has the ability to impact every aspect of human life, from home to work. It will impact our relationships to everything and everyone in our world. The implications for generative AI on the legal system, from how we deliver legal services to how we deliver justice, will be just as far reaching.

[N]ow we face the latest technological frontier: artificial intelligence (AI).… Law professors report with both awe and angst that AI apparently can earn Bs on law school assignments and even pass the bar exam. Legal research may soon be unimaginable without it. AI obviously has great potential to dramatically increase access to key information for lawyers and non-lawyers alike. But just as obviously it risks invading privacy interests and dehumanizing the law.
…
When you can no longer sell the time it takes to achieve a client’s outcome, then you must sell the outcome itself and the client’s experience of getting there. That completely changes the dynamics of what law firms are all about.

Preparing the Next Generation of Tech-Ready Lawyers — from news.gsu.edu
Legal Analytics and Innovation Initiative Gives Students a Competitive Advantage

Georgia State University College of Law faculty understand this need and designed the Legal Analytics & Innovation Initiative (LAII) to equip students with the competitive skills desired by law firms and other companies that align with the emerging technological environment.

“As faculty, we realized we need to be forward-thinking about incorporating technology into our curriculum. Students must understand new areas of law that arise from or are significantly altered by technological advances, like cybersecurity, privacy and AI. They also must understand how these advances change the practice of law,” said Kris Niedringhaus, associate dean for Law Library, Information Services, Legal Technology & Innovation.

The Imperative Of Identifying Use Cases In Legal Tech: A Guiding Light For Innovation In The Age Of AI — from abovethelaw.com by Olga V. Mack
In the quest to integrate AI and legal technology into legal practice, use cases are not just important but indispensable.

As the legal profession continues to navigate the waters of digital transformation, the importance of use cases stands as a beacon guiding the journey. They are the litmus test for the practical value of technology, ensuring that innovations not only dazzle with potential but also deliver tangible benefits. In the quest to integrate AI and legal technology into legal practice, use cases are not just important but indispensable.

The future of legal tech is not about technology for technology’s sake. It’s about thoughtful, purpose-driven innovation that enhances the practice of law, improves client outcomes, and upholds the principles of justice. Use cases are the roadmap for this future, charting a course for technology that is meaningful, impactful, and aligned with the noble pursuit of law.

Some huge announcements from NVIDIA that will likely impact our futures

On 03/19/2024, in 21st century, 24x7x365 access, 3D, Artificial Intelligence/Agents/LLMs/and Related, Asia, bots, content development, aggregation, repositories, corporate / business world, creativity, digital audio, digital video, education technology, emerging technologies, entrepreneurship, experimentation, future, game-changing environment, generational differences, human-computer interaction (HCI), innovation, intelligent systems, internet, IT in HE, learning ecosystem, multimedia, Natural Language Processing (NLP), Near Field Communication (NFC), new business models, new media literacies, NVIDIA, online media, physics, research, robotics, science, skills, society, STEAM-related, technology (general), tools, United States, vendors, Virtual Reality (VR) / worlds / learning, vision/possibilities, voice recognition / voice enabled interfaces, wearables, by Daniel Christian

GTC March 2024 Keynote with NVIDIA CEO Jensen Huang

Also relevant/see:

NVIDIA Launches Blackwell-Powered DGX SuperPOD for Generative AI Supercomputing at Trillion-Parameter Scale
Scales to Tens of Thousands of Grace Blackwell Superchips Using Most Advanced NVIDIA Networking, NVIDIA Full-Stack AI Software, and Storage Features up to 576 Blackwell GPUs Connected as One With NVIDIA NVLink NVIDIA System Experts Speed Deployment for Immediate AI Infrastructure

NVIDIA Unveils Digital Blueprint for Building Next-Gen Data Centers
Omniverse digital twin supported by Ansys, Cadence, PATCH MANAGER, Schneider Electric, Vertiv and more, setting foundation for highly efficient AI infrastructure.
NVIDIA Digital Human Technologies Bring AI Characters to Life
Leading AI Developers Use Suite of NVIDIA Technologies to Create Lifelike Avatars and Dynamic Characters for Everything From Games to Healthcare, Financial Services and Retail Applications
NVIDIA Announces Omniverse Cloud APIs to Power Wave of Industrial Digital Twin Software Tools
Ansys, Cadence, Hexagon, Microsoft, Rockwell Automation, Siemens, Trimble Adopt Omniverse Technologies to Help Customers Design, Simulate, Build and Operate Physically Based Digital Twins
Climate Pioneers: 3 Startups Harnessing NVIDIA’s AI and Earth-2 Platforms
NVIDIA Inception members Tomorrow.io, ClimaSens and north.io specialize in extreme weather prediction, advance climate action across the globe.

Today is the beginning of our moonshot to solve embodied AGI in the physical world. I’m so excited to announce Project GR00T, our new initiative to create a general-purpose foundation model for humanoid robot learning.

The GR00T model will enable a robot to understand multimodal… pic.twitter.com/EqN19Z3cXH

— Jim Fan (@DrJimFan) March 18, 2024

NVIDIA just announced GR00T.

It will enable a robot to understand multimodal instructions like language, video, and motion.

Very soon we will see them cooking, preparing coffee, in supermarkets, changing tires, etc.pic.twitter.com/3PptgNS1Yi

— Barsee ? (@heyBarsee) March 19, 2024

Supreme Court: Bar exam will no longer be required to become attorney in Washington State [Epperly]

On 03/19/2024, in change, changing business models, law schools, legal reform, new business models, society, United States, universities, by Daniel Christian

Supreme Court: Bar exam will no longer be required to become attorney in Washington State — from spokesman.com by Emma Epperly

Excerpt (emphasis DSC):

The bar exam will no longer be required to become a lawyer in Washington, the state Supreme Court ruled in a pair of orders Friday.

The court approved alternative ways to show competency and earn a law license after appointing a task force to examine the issue in 2020.

The Bar Licensure Task Force found that the traditional exam “disproportionally and unnecessarily blocks” marginalized groups from becoming practicing attorneys and is “at best minimally effective” for ensuring competency, according to a news release from the Washington Administrative Office of the Courts.

Learning Ecosystems

Supreme Court: Bar exam will no longer be required to become attorney in Washington State [Epperly]

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