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The robot lawyers are here and winning

Posted in finance, law, robotics/AI

Artificial intelligence beats over 100 London lawyers in predicting case outcome:

In a contest that took place last month. It pitched over 100 lawyers from many of London’s ritziest firms against an artificial intelligence program called Case Cruncher Alpha.

Both the humans and the AI were given the basic facts of hundreds of PPI (payment protection insurance) mis-selling cases and asked to predict whether the Financial Ombudsman would allow a claim.

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