Entrepreneurial success has always been a challenge, but it has never been more complicated than it is today. The massive disruption of artificial intelligence is no exception. AI can be found in virtually every industry and in most aspects of our lives. It lures us with promises of new ideas, cost reductions and time savings, but what it actually delivers can cause disappointment — and disapproval.
Our Managing Partner Matthew Pelkey, who also serves as director of the University at Buffalo School of Law's Entrepreneurship Law Center Clinic, recently shared his thoughts at the State University of New York (SUNY)'s AI Symposium. He and members of SUNY's Office of General Counsel discussed the risks, rewards and realities of AI in business, including its legal and ethical ramifications. Excerpts from that conversation can be found in this UB “Law Links” article, here.
What is clear to me is that our clients will continue using these tools whether we as lawyers decide to or not...Maybe it is not a perfect solution, but if clients can get an 80 percent answer for a fraction of the cost, many will decide that is good enough. We, as a profession, need to figure how we can add value beyond what AI tools can provide.
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