A lot is happening in the world of AI. To help you stay up to date with the latest news, we've put together a list of the developments we're following.
McKinsey has released a report on the potential economic impact of generative AI. According to the report, the use of these tools could contribute between $2.6 trillion and $4.4 trillion annually to the global economy, and half of all work could be automated by 2045. there is.
The first controlled studies of human legal analysis using AI showed mixed results. A recent paper tracked 60 law students at the University of Minnesota School of Law who were given four legal tasks. Students worked on the task with and without controlled access to GPT-4. Small and inconsistent improvements in substantive artifacts were observed when using GPT-4. However, they also consistently showed significant improvements in task completion speed. The researchers believe their results represent “important normative implications for the future of lawyers.”
The UK Office of Justice has authorized the use of large-scale language models to create legal decisions. Published guidance warns judges of the risk of misinformation and privacy concerns. Nevertheless, some judges seem enthusiastic about the possibilities. Mr Justice Bath of the Court of Appeal for England and Wales described ChatGPT as a “very useful” tool.
OpenAI has released a prompt engineering guide to improve interactions with GPT-4. Recommended prompting strategies include: 1) Ask your model to adopt a persona. 2) Provide examples. 3) Specify the steps required to complete the task. 4) Include important details to get a better answer.
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