Author: Ray Schroeder
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By Merve A. Kızrak, Interesting Engineering
Imagine that a ‘human lawyer’ can handle all the cases in the world after AI’s preliminary research. For a human lawyer, it takes weeks to do research, but AI can do it in just a few seconds. Moreover, AI does not get tired, sleep, eat or drink coffee. In fact, the AI can produce more successful results than an average experienced lawyer. In 2017, in an experiment involving more than 100 lawyers in London, hundreds of actual applications to the Finance Ombudsman for a specific credit card irregularity were examined. While the accuracy of human prediction was 66.3%, an AI program trained to predict whether or not to accept files achieved 86.6% accuracy.