Unlocking the Power of AI in Law: The Intersection of Technology and Ethics
Advances in artificial intelligence (AI) are enabling the design of increasingly powerful knowledge automation tools. According to McKinsey, this should generate an estimated annual value of between 5 and 7 trillion dollars by 2025. Among the fields concerned — law and justice.
Predictive Justice
The fields of law are based on mountains of texts and rules that make this automation of knowledge possible. We can think of the automated creation of reports, work contracts, sales contracts, regulations, and even laws.
Moreover, the ingestion, analysis and modeling of legal data lead to the notion of “predictive justice,” where AI can calculate the probability of a legal decision. For example, it can predict the chances of winning in a procedure intended to bring a dispute to trial.
“While the term ‘predictive justice’ has come to be used, some prefer to use competing terms (‘quantitative,’ ‘statistical,’ or ‘simulative’) because it is not prediction per se, but rather calculation, logic, and statistics.” – Boris Barraud, French law doctorate