In this episode of The Kennedy-Mighell Report, hosts Dennis Kennedy and Tom Mighell consider the increased popularity of artificial intelligence, the usefulness of chatbots, and how both innovations can impact the practice of law. Tom speculates that the current data age and the large volumes of information available for analysis have helped to enable the advancements in machine learning and artificial intelligence. Dennis explores exactly what machine learning means and explains the three current learning types: unsupervised, supervised, and reinforced. Tom finds the technology perplexing and uses the definition of Tenser Flow to illustrate how grasping these advanced concepts requires more education and technology knowledge than the average lawyer possesses. They both discuss the AI lawyer Ross and if legal professionals should gain technical knowledge in order to influence future ethical regulations with emergent technology. They end the first segment with a list of possible ways that these advancements in tech can aid lawyers in their everyday lives.
This week The Digital Edge discusses the shift of the legal industry from a seller's to a buyer's market.