AI ‘bubble-bursting’ study offers lessons for law – Law Society’s Gazette

‘An academic study credited with wiping a trillion dollars from the value of artificial intelligence stocks this week suggests lawyers are embracing the technology at a personal level – but with little effect on their firm’s bottom line. The report, released by the Massachusetts Institute of Technology’s NANDA initiative, reveals that, while most organisations are piloting generative AI, 95% of those projects are achieving zero return.’

Link: https://www.lawgazette.co.uk/news/ai-bubble-bursting-study-offers-lessons-for-law/5124275.article