What’s all the buzz around ChatGPT? This new chatbot, powered by an artificial intelligence (AI)-based language model called GPT-3, has caused a lot of waves lately in our industry. Users can ask questions about anything, and the bot will engage in conversational dialogue with very organized and succinct responses that are often indistinguishable from the human-generated output, according to an article from Corporate Counsel.
Shah Karim, Chief Technology Officer, Legal Solutions, Epiq: "As with any emerging technology, it is crucial to balance both benefits and risks when utilizing this technology for business purposes. From a legal standpoint, it is necessary to understand the unique collection obstacles and review the benefits this technology can offer for eDiscovery purposes; other use cases for lawyers and their clients; and how ethics may factor into any LLM-based endeavor."
Read the full article here.