How artificial intelligence and machine learning will disrupt legal space
According to a report by Tata Consultancy Services, 68% of Indian companies use artificial intelligence (AI) for IT functions, but 70% believe AI's greatest impact will be in functions outside of IT such as marketing, customer service, finance and HR by 2020. Also, the majority of companies see AI as transformative and consider it crucial to remaining competitive in future. The primary goal of all AI-enabled innovation is to minimise human labour and augment human capability to the maximum extent possible. Machine learning (ML), a subset of AI, has been growing since the last 20 years but has hit an inflection point and evolved into the intersection of AI techniques and business intelligence (BI) analytics. Primarily due to acceleration in hardware and software capabilities, AI systems can now learn faster, predict with more accuracy and perform tasks that they haven't tried yet.
Dec-30-2017, 14:21:23 GMT
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