~marginalrevolution | Bookmarks (9)

We conducted the first randomized controlled trial to study the effect of AI assistance on human legal analysis. We randomly assigned law school students to complete realistic legal tasks either with or without the assistance of GPT-4. We tracked how long the students took on each task and blind-graded the results. We found that access […] The post Lawyering in the Age of Artificial...

a16z has issued the talks from that event, and we are issuing it too, as a bonus episode of CWT.  But note it is shorter than usual, and not the typical CWT format — this was done for an audience of actual DC human beings! Excerpt: COWEN: Why is open-source AI in particular important for national […] The post Marc Andreessen and I talk AI...

I’ve blogged this in the past, and don’t have much to add to my previous views.  I will say this, however: if TikTok truly is breaking laws on a major scale, let us start a legal case with fact-finding and an adversarial process.  Surely such a path would uncover the wrongdoing under consideration, or at […] The post TikTok divestiture appeared first on Marginal...

In the OpenAI blog post they mentioned "Albania using OpenAI tools to speed up its EU accession" but I didn't realize how insane this was — they are apparently going to rewrite old laws wholesale with GPT-4 to align with EU rules https://t.co/7RZLwBYosK — sophia (@cis_female) March 6, 2024 The post It’s happening, Albania fact of the day appeared first on Marginal REVOLUTION.        ...

Fast Grants, the rapid COVID funding mechanism created by Tyler, Patrick Collison and Patrick Hsu continues to inspire change around the world. Jano Costard, the Head of Challenges at SPRIND, the German Federal Agency for Disruptive Innovation writes: Lots to learn from Fast Grants! Can we implement it in a public institutions that face a […] The post The Continuing Influence of Fast Grants...

This paper presents a groundbreaking comparison between Large Language Models and traditional legal contract reviewers, Junior Lawyers and Legal Process Outsourcers. We dissect whether LLMs can outperform humans in accuracy, speed, and cost efficiency during contract review. Our empirical analysis benchmarks LLMs against a ground truth set by Senior Lawyers, uncovering that advanced models match […] The post Comparing Large Language Models Against Lawyers...

As she did on the LBRY case (n.b. I was a LBRY advisor), SEC Commissioner Hester Peirce released a statement about the failings of the SEC with regards to the recently approved Bitcoin spot ETPs. It’s rare to read something this brutal coming from the inside. We squandered a decade of opportunities to do our […] The post Hester Peirce on the SEC appeared...

If you want to understand NFTs and where they are going, The Everything Token by web entrepreneur Steve Kaczynski and Harvard Business school professor Scott Duke Kominers is by far the best guide. Kaczynski and Kominers emphasize that NFTs are more than deeds to digital art they are an ideal way to create communities. Community […] The post The Everything Token appeared first on...

If you stare at just the exact right part of the toothpick, and measure the length from the tip, expressed in terms of the appropriate unit and converted into binary, and then translated into English, you can find any message you want.  You just have to pinpoint your gaze very very exactly (I call this […] The post Toothpick producers violate NYT copyright appeared...