Artificial intelligence has long been seen as a tech supplement—and not a wholesale replacement—for legal professionals. But with advancements in generative AI, including large language models such as GPT-4 and the rise of popular AI-powered applications such as ChatGPT, that perception is beginning to change.
In a report released on Sunday, Goldman Sachs estimated that generative AI could automate 44% of legal tasks in the U.S. What’s more, it estimated that 46% of administrative tasks in the country are at risk of automation, while 35% of business and financial operations, and 31% of sales tasks could also be automated.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]