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  • Should we enforce regulations for AI in LegalTech?

    Lucy Miller
    2 replies
    With the rise of LLMs, there is a surge in LegalTech companies starting to integrate LLM enabled features to their existing products. While this enables them to go the extra mile, this also results in hallucination being present in the results.

    Replies

    Bryden Ellington
    Regulations for AI in LegalTech are essential to ensure accuracy and reliability, especially when integrating LLMs. Striking a balance between innovation and accountability is crucial to maintain trust in legal AI systems.
    Michael Moore
    Absolutely, enforcing regulations for AI in LegalTech, just like in the realm of AML compliance, is essential. It guarantees the responsible use of technology, protects sensitive data, and maintains the integrity of our legal systems.