San Francisco-based Reed Smith partner William S. Veatch has authored a new article on using artificial intelligence to stay competitive in fintech. The piece details recent developments in mathematics, logic, and data science that are leading to rapid advances in AI and Law.
Mr. Veatch explains to lessors the benefits of embracing this new technology to remain competitive, and discusses such recent innovations as:
- The new breed of data-driven smart contracts with contract terms stored on the cloud,
- Software applications for the delivery of legal advice based on cloud-stored knowledge, and
- New opportunities to collect data, creating an extremely valuable asset in the process.