Source: FT
Lawyers and accountants charge handsomely for human expertise — but firms have still been embracing the technology.
It was the cautionary tale shared across the profession, and beyond. When a New York lawyer used ChatGPT to help with a brief for his case against the Colombian airline Avianca, it provided him with entirely fictitious case law and was immediately called out by opposing counsel and the judge. Hundreds of humiliating headlines later, the lawyer has been fined and the dangers of relying on generative AI have been thrust to the fore.
Such risks may explain why a recent survey by Moore Global, a network of accounting firms, found that law firms were notably less excited than accounting and finance groups to invest in AI, and more likely to say it was a threat to their business…
Read full article: https://www.ft.com/content/d2401cde-cd49-476b-83f0-5647054d9f99
