Takeaway: While many think Artificial Intelligence (AI) will replace lawyers in the future, it is more likely that AI will help lawyers produce higher-quality work.
AI is the future of technology, so many businesses are wondering how this new innovation can positively affect their products or service. Currently, ChatGPT is the most well-known and easily accessible AI platform, providing a generative AI-based chatbot. Generative AI refers to technology that creates new content by using previously created content and data.
AI technologies, specifically in use by attorneys, can be used in the future to create faster work product, generate contracts, create memos, manage incoming clients, and much more. There are still many risks in using AI, as many are worried about risk of copyright infringement and privacy concerns. Nonetheless, AI will be an expected future part of work product across all fields of business.