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If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."

However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …

Artificial intelligence could soon handle CRE transaction paperwork - theBrokerList Blog

#artificialintelligenceJun-19-2018, 15:41:10 GMT

Applications pairing artificial intelligence (AI) and legal services have gained a lot of traction in recent years. According to a recent study from legal contract review platform LawGeex, AI can now outperform lawyers, specifically when reviewing Non-Disclosure Agreements (NDAs) and spotting risks in legal documents. In the study, 20 attorneys and the AI software each reviewed the same five NDAs. Attorneys reviewed the documents with an average accuracy rate of 85 percent in a time of 92 minutes. AI, on the other hand, had an average accuracy of 94 percent in just 26 seconds of review time.

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Industry: Law (1.00)

Technology: Information Technology > Artificial Intelligence (1.00)

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