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On this episode, Cai GoGwilt, Co-Founder and Chief Architect at Ironclad, and Alex Su, Head of Community Development at Ironclad, join Mary to talk about generative AI and its effect on the legal industry. ChatGPT can change how people work in many different industries, and legal is no exception. Cai sees this as a valuable tool for legal professionals, but he says there are a lot of shortcomings with the platform as it is today. One problem people are finding is that ChatGPT can generate very authoritative but completely wrong answers to questions fed into it. He explains the difference between that and Ironclad AI, which is mostly context. Ironclad AI has years of real-world business intelligence to draw from to answer questions and perform tasks that are accurate based on that information. The group sees new AI tools as being a timesaver for legal professionals, especially those who work in corporate law. Cai sees corporate attorneys as having a leg up on using AI, in part because they know how to translate legalese into plain language. All three participants agree that this technology is here to stay, and it's okay to stay on the sidelines for a while, but it is coming at us faster than we think. Cal GoGwilt - https://www.linkedin.com/in/cai-gogwilt-77b18a22/ Alex Su - https://www.linkedin.com/in/alexander-su/ Ironclad - https://www.linkedin.com/company/ironclad-inc-/ If you enjoyed today's show, please leave a 5-star review. You can find more information, as well as the resources mentioned in this episode, at ironcladapp.com. #LegalOps #LegalCareer
By Mary O'Carroll4.7
1717 ratings
On this episode, Cai GoGwilt, Co-Founder and Chief Architect at Ironclad, and Alex Su, Head of Community Development at Ironclad, join Mary to talk about generative AI and its effect on the legal industry. ChatGPT can change how people work in many different industries, and legal is no exception. Cai sees this as a valuable tool for legal professionals, but he says there are a lot of shortcomings with the platform as it is today. One problem people are finding is that ChatGPT can generate very authoritative but completely wrong answers to questions fed into it. He explains the difference between that and Ironclad AI, which is mostly context. Ironclad AI has years of real-world business intelligence to draw from to answer questions and perform tasks that are accurate based on that information. The group sees new AI tools as being a timesaver for legal professionals, especially those who work in corporate law. Cai sees corporate attorneys as having a leg up on using AI, in part because they know how to translate legalese into plain language. All three participants agree that this technology is here to stay, and it's okay to stay on the sidelines for a while, but it is coming at us faster than we think. Cal GoGwilt - https://www.linkedin.com/in/cai-gogwilt-77b18a22/ Alex Su - https://www.linkedin.com/in/alexander-su/ Ironclad - https://www.linkedin.com/company/ironclad-inc-/ If you enjoyed today's show, please leave a 5-star review. You can find more information, as well as the resources mentioned in this episode, at ironcladapp.com. #LegalOps #LegalCareer

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