shows the limits of relying purely on statistical machine learning. “At some point, we have to admit that we need a little bit of semantics and a little bit of syntactic knowledge in these systems in order for them to be fluid and fluent,” says Hammond. Source: An Algorithm Summarizes Lengthy Text Surprisingly Well - MIT Technology Review

Artificial intelligence has a huge potential to reduce time and improve efficiency in legal work. On the litigation side, natural language processing (text analytics) can summarize thousands of pages of legal documents within minutes – a task that might take a human counterpart several days to complete – while reducing the probability of error. As AI platforms become more efficient [...]

The 2015 World Economic Forum, underlined the concept of blockchain as one of the six future megatrends for the next decade. A possible impact on transaction activities is that none of these are likely to become a reality unless governments and businesses adapt quickly to the new platform. This would likely facilitate automated processes using big data and analytics and [...]