Transforming the use of Legal Technology
In essence, AI has the potential to reshape every aspect of our lives, including how we interpret and apply the law. The AI Act introduces specific areas where high-risk AI systems would be used. One of them, sees to the assistance in legal interpretation and application of the law. This aspect can revolutionize legal tech, ensuring a safer and more efficient implementation of AI.
Moreover, AI chatbots, such as ChatGPT, will now be subjected to transparency requirements. This means that the content generated by these bots should be clearly disclosed as AI-generated. Where AI chatbots are used for tasks such as drafting legal documents or conducting legal research.
GenerativeAI (AI that can create new text) will have even stricter rules. Companies that use this type of AI will have to show that they're following the rules and that they're taking steps to prevent the AI from creating anything illegal. They also need to show that any copyrighted material used to train the AI is properly documented and shared.
What does this mean for you?
For legal technology providers as well as law firms that use AI, it's important to start getting ready for the AI Act. When buying AI driven legal technology, we recommend you to: