All in all, a very mixed bag. For all the talk of Open AI cannibalising those building on top of their platform, there is still plenty of room for companies with domain knowledge to beat the general functionality Open AI is offering up. At least, until the next update!
If you give it the right information and closely track relevant wording in the regulation it does well and can even provide answers that require looking at two different sections (the definition of CASS medium firm isn’t close to the requirement to allocate a director to a CMAR)
Here, in full directly on Twitter, is "A Hackers' Guide to Language Models". This 90 minute tutorial is designed to be the one place I point coders at when they ask "hey, tell me everything I need to know about LLMs!"
It covers both @OpenAI models and open source ones in depth.
@lawheroezV2 @legalytical It’s white-labelled, but I think it’s litera nder the hood. Knowing my firm they’re hosting it on internal servers, but it’s still better than running them locally!
@lawheroezV2 @legalytical Another observation - my firm recently launched a cloud doc comparison tool. It is buggy in a way that requires some specific habits, but I can now compare 10+ docs direct from IManage simultaneously using cloud computing (faster, doesn’t kill my v limited RAM), so I will learn!
@lawheroezV2 @legalytical I think the answer to this is inertia. MS Word gets away with this because it is the default. It takes a lot to move away from default behaviours, so “ease of use” becomes important to lower the burden
Lots of people talking about cost of nursery fees. We’re grappling with this at the moment.
There’s one nearby that cost £71 for a HALF day. Full time £113.60.
That’s £1,420 for 4wks half days £2,272 for 4wks full time.
Approx £18,460 part time annually. Or £29,536 full time
@alexgsmith I doubt biglaw would allow an integration like this to be turned on. To the extent it is sending it to a cloud hosted instance of GPT, the context would be too sensitive. Biglaw tech isn’t given a lot of credit, but they know the secret sauce is in the firm data…
This chart is amazing. After the calamity of Trussonomics, expected BoE interest rates soon fell back.
Equivalent mortgage rates shot up like a rocket but have fallen like a feather
…leaving households still at the sharp end of the moron premium