Artificial intelligence is entering the justice system | WIRED UK

The Serious Fraud Office had a problem. Its investigation into corruption at Rolls-Royce was inching towards a conclusion, but four years of digging had produced a massive pile of documents: over 30 million, including everything from spreadsheets to emails about staff away days.

An AI Completed 360,000 Hours of Finance Work in Just Seconds

JP Morgan is the biggest bank in the US. It is one of the largest employers in the banking sector, with more than 240,000 employees serving millions of customers. Some of those employees are lawyers and loan officers who spend a total of 360,000 hours each year tackling a slew of rather mundane tasks, such as interpreting commercial-loan agreements.

Giving robots ‘personhood’ is actually about making corporations accountable – The Verge

The European Union is currently considering the need to redefine the legal status of robots, with a draft report last week suggesting that autonomous bots might, in the future, be granted the status of “electronic persons” — a legal definition that confers certain “rights and obligations.”

Artificially Intelligent Lawyer “Ross” Has Been Hired By Its First Official Law Firm

Law firm Baker & Hostetler has announced that they are employing IBM’s AI Ross to handle their bankruptcy practice, which at the moment consists of nearly 50 lawyers. Ross, “the world’s first artificially intelligent attorney” built on IBM’s cognitive computer Watson, was designed to read and understand language, postulate hypotheses when asked questions, research, and […]

Chatbot lawyer overturns 160,000 parking tickets in London and New York | The Guardian

An artificial-intelligence lawyer chatbot has successfully contested 160,000 parking tickets across London and New York for free, showing that chatbots can actually be useful. Dubbed as “the world’s first robot lawyer” by its 19-year-old creator, London-born second-year Stanford University student Joshua Browder, DoNotPay helps users contest parking tickets in an easy to use chat-like interface. […]

A Startup Backed By Peter Thiel Makes Bankrolling Civil Lawsuits Easy

In courtrooms across America, investors are making money through litigation financing. The process allows investors to cover the cost of a lawsuit in exchange for a share of the financial settlement.

If this process sounds familiar to you, it’s probably because it’s similar to what billionaire Peter Thiel did when he secretly funded a lawsuit from Hulk Hogan against Gawker Media.

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