Open AI is now over 8 years old and worth around $80 billion following its recent investment from Thrive Capital. It was originally created by Sam Altman and Elon Musk to apparently challenge the dominance of Google. Despite the length of its gestation period ($10 billion a year capital growth is still pretty impressive) it only arrived on the world scene just over a year ago.
Read MoreA few months back we wrote a piece setting out what could happen to the market with Generative AI - The Future of Law Post Generative AI (October 2023) — Hyperscale Group Limited. We did this to benefit the market and thought it might be helpful to set out our latest thoughts based on client discussions.
Read MoreThere are many reasons you could argue how it is tough to be a smaller or SME firm – competition, recruitment, increasing costs to mention a few. That being said there are some positives in how technology, flexibility and innovation are perhaps levelling the playing field with their bigger competitors
Read MoreHappy New Year all. Given the pace of change in the market we thought it might help to share a few predictions for 2024 and beyond:
Read MoreThere has been a huge amount of speculation about Generative AI and the affect it will have on different suppliers. Some have predicted it will mean the death of document automation and precedents.
Read MoreI am hugely excited about the potential of Generative AI in legal. We have worked on some really fascinating projects which could be game changing with more in the pipeline. I am however trying to approach this area with some realism. From some comments I have heard however some run the risk of making school boy/girl errors which I would prefer we avoid as a profession.
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