On this week’s episode, host Seth Colaner welcomes Otto Hanson, Founder of TermScout. Otto discusses using large language models like GPT-4 and Anthropic to review contracts.

Key Takeaways:

(01:20) Contracting can present challenges as people struggle to understand agreements.

(02:33) Many businesses create aggressive contracts, exploiting the fact people won’t read them.

(05:10) The future of simplifying contracts was 5-10 years away, but it’s now nearly here with AI.

(07:21) Start with the problem, then find tools to solve it. 

(08:23) Use validation sets to scientifically test different AI models on specific tasks.

(13:42) Craft clear, concise prompts with context for the best AI results.

(17:53) Otto values “give first” in relationships by giving without expecting anything in return.

Resources Mentioned:  

Otto Hanson - https://www.linkedin.com/in/otto-miguel-hanson-7b265716/

TermScout - https://www.linkedin.com/company/termscout/

This episode is brought to you by Tonkean.

Tonkean is the operating system for business operations and is the enterprise standard for process orchestration. It provides businesses with the building blocks to orchestrate any process, with no code or change management required. Contact us at tonkean.com to learn how you can build complex business processes. Fast.

#Operations #BusinessOperations