The hype cycle for all things AI has hit a feverish pitch, and it’s the wild west once again. As everyone stampedes toward technologies such as ChatGPT, the FOMO (fear of missing out) is high across many industries, legal being just one of them. However, just because you can leverage a powerful solution doesn’t mean you should. While large language models like ChatGPT have demonstrated impressive capabilities that could help automate many areas of business, enterprises must reflect on the strengths, weaknesses, opportunities, and threats before implementing it or identifying other solutions that may align with your organization’s specific needs.

In this educational roundtable, technology leaders, data scientists, and legal industry experts will discuss why legal departments should educate themselves about AI before jumping on the bandwagon. They’ll also uncover what enterprises should consider when evaluating AI for enterprise management of voluminous and complex collaboration data so that organizations can ensure their AI systems are trustworthy, explainable, transparent, fair, robust, and secure. Panelists will discuss the following:

• the differences/similarities between AI (artificial intelligence) and ML (machine learning)
• how large language models (LLMs) can help, and why they have become such a big deal lately
• how NLP (natural language processing) works in concert with other technologies
• the potential security risks around today’s AI/ML technologies
• the broader concerns with using AI and the higher stakes legal must manage with sensitive company data and IP
• enterprise considerations before incorporating AI in legal workflows

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