This evening event at Westminster Law School, University of Westminster, brings together three prominent experts in the fields of artificial intelligence, robotics and law for a conversation around current developments in these areas, followed by an opportunity for the audience to engage and ask questions. Chrissie Lightfoot is a prominent international legal figure, an entrepreneur, a legal futurist, legaltech investor, writer, international keynote speaker, legal and business commentator (quoted periodically in The Times and FT), solicitor (non-practising), Honorary Visiting Fellow at the University of Westminster School of Law, and author of best-seller The Naked Lawyer and Tomorrow s Naked Lawyer. Chair: Dr Paresh Kathrani is a Senior Lecturer in Law at Westminster Law School and a member of the Centre on the Legal Profession. He has written on the challenges that AI will bring for the legal profession and chaired a panel on artificial intelligence at Westminster Law School in 2015, as well as an AI film and debate series for the Centre for Law, Society and Popular Culture, of which he is also a member, in 2016.
Executives must become familiar with interacting with data scientists and must know how to leverage analytics to see new business opportunities, according to Shawn Mankad, assistant professor at Cornell University's College of Business, who teaches multiple courses on data science to MBAs. At Northwestern's Kellogg School of Management, a 10-week elective course on human and machine learning will run in April. Using sophisticated programs like IBM's Deep Blue and Google's AlphaGo, the course aims to teach MBAs to apply human and machine partnerships to grow businesses. At London Business School, Lynda Gratton, a professor of management practice who runs a one-week course on AI, is focusing on the so-called "soft skills" such as negotiation and creativity, which are unlikely to be best performed by machines.
At Harvard Business School (HBS), MBA students are pondering a future when robots rule the road. David's offered his MBAs two cases on artificial intelligence (or AI) and deep learning, and reckons that many of his colleagues at HBS are bringing robots into the curriculum too: "It's a capability that MBAs need to know about," he says. NYU's Stern School of Business offers courses on basic data handling skills plus programming languages like Python, and an introduction to machine learning. And at MIT Sloan School of Management, MBAs can take electives on AI and robotics at MIT's Computer Science and Artificial Intelligence Labs, says Thomas Roemer, senior lecturer.
Professor Lynda Gratton explains how people should prepare for it. While creativity is thought to be uniquely human, artificial intelligence (AI) is changing what we think we know. IBM's Chef Watson submits recipes based on flavour compound algorithms. "When AI can drive trucks, people might not drive trucks anymore.
For the ability to think creatively and make unlikely connections is one of the qualities thought unlikely to be threatened by intelligent algorithms, alongside emotional intelligence and negotiating skills. Previous class profiles are available on business school websites but, to give one example, London Business School's class of 2017 features 417 students of 68 nationalities, with backgrounds in business, accounting, economics, engineering, law, marketing and IT. For this reason, says Jonathan Trevor of Said Business School (part of the University of Oxford), attending a business school which can draw on expertise from across disciplines could be extremely useful. "The temptation when delivering a course is to make it as simple as possible, to give people a degree of certainty, to tell students what they need to know so they can do well.
Its creation comes on the heels of a 2014 analysis that predicted artificial intelligence will cause "structural collapse" of law firms by 2030. "Computers can replace human labor -- the work lawyers do for discovery -- and this will have an impact on the number of associates hired," University of Tennessee Professor of Law Benjamin Barton told The College Fix in a telephone interview. On the bright side, the introduction of AI technologies has the potential to save only the most interesting work for the human lawyers -- and save middle class Americans money when they seek legal counsel, he said. "Having a human do legal work is really expensive, even for middle class people," Barton told The College Fix.
Richard Susskind spoke at a Vanderbilt Law School conference about the impact of technology on the legal profession. During a talk Thursday at Vanderbilt Law School, Susskind pushed a roomful of lawyers and law students to consider the various ways advanced computing could change their profession in coming years. Susskind's talk was part of a two-day conference at the law school that aimed to examine the expanding role of technology in the law. Susskind, an expert on the intersection of technology and the professional world, said he had been researching and writing about artificial intelligence, and its potential impact on lawyers, since the 1980s.
Last Friday at Imperial College Business School in London, a throng of MBA students huddled around professor Njuguna Ndung'u, the former governor of the Central Bank of Kenya. "London is soon expected to become the hub of global fintech," said professor Andrei Kirilenko, director of Imperial's Center for Global Finance and Technology. Since creation in 2011, the San Francisco start-up has funded more than 7 billion in mortgages, personal loans and student loan refinancing, and raised about 1.8 billion in venture capital, attemping to shake up banks in the process. Raghu gives the example of a CJBS MBA graduate exploring blockchain technology to make processing IPOs easier.