The Pulse: leveraging AI for knowledge worker productivity, AI provides poor legal advice and no law firm competitive advantage from generative AI
Alex and Elliot discuss:
A recent article looking at the effects of AI on productivity and quality of work by consultants at the Boston Consulting Group
A study by an English law firm finding poor legal advice provided by various Large Language Models, including GPT and Bard
A recent article discussing whether or not generative AI will be a source of competitive advantage for law firms
Elliot's anguish, and enjoyment, producing material for the upcoming "AI for legal teams" training course, which will soon be the first course published by the Legal Ops Institute
A big thanks to our friends at LinkSquares for sponsoring this episode. For more information, check out their website: https://linksquares.com/
LINKS
Article on AI used by BCG consultants: https://www.mi-3.com.au/20-09-2023/harvard-business-school-study-bcg-finds-knowledge-workers-using-chat-gpt-outperform
Law firm research paper on AI providing legal advice: https://lpscdn.linklaters.com/-/media/files/document-store/pdf/uk/2023/october/report_linksai-english-law-benchmark_october-2023.ashx?rev=fc8c65ae-00f6-408e-9aec-4bf7846f82db&extension=pdf
Article on generative AI and law firm competitive advantage: https://www.law.com/legaltechnews/2023/10/30/for-law-firms-will-generative-ai-really-be-a-major-competitive-differentiator/
Legal Ops Institute sneak peak: https://www.legalops.fm/institute