Womble Bond Dickinson: AI & the Future of Business & Legal Services


Hello my new WBD friends & colleagues!
Thank you so much for allowing me to share my thoughts on AI with you in the virtual at the Womble Bond Dickinson AI Intensive Summit! I hope you enjoyed the event! Now that we’re all back to work after that event and an abbreviated holiday week, as promised, I have made this page with a few things which may be helpful:

– the AI NOTES from our talk transcribed by Otter.ai
– a downloadable
PDF SUMMARY of the most important slides from my talk

Thank you so much! Please let me know how I can be helpful in the future.
Dan

Dan Chuparkoff

A.I. & Innovation Keynote Speaker
CEO, Reinvention Labs
AI Educator & Innovation Expert from
Google, McKinsey, & Atlassian

PDF SUMMARY of key slides from Dan’s AI talk

This “Slide Cheatsheet” is designed to help audience-members like you, by wrapping my AI & the Future of Everything keynote into an easy-to-skim, easy-to-share, or easy-to-print resource for future reference. Hope you find it helpful.

Download the 3pg high resolution PDF here:

AI NOTES from Dan’s Keynote

*These notes were created automatically by Otter.ai. Transcription errors or mistakes have not been fixed
in order to demonstrate the current state of AI notes.


Summary

Dan Chuparkoff discussed the transformative impact of AI on business and legal services, emphasizing its potential to enhance productivity and decision-making. He highlighted the importance of understanding AI's capabilities, noting that AI tools like ChatGPT, Google's Gemini, and Anthropic's Claude offer various functionalities. Chuparkoff stressed the need for human oversight and review of AI-generated outputs, likening AI to an intern that requires guidance. He also underscored AI's role in improving communication and collaboration, particularly in multilingual settings, and encouraged leveraging AI to focus on higher-level tasks like problem-solving and decision-making.

Action Items

[ ] Explore 10 ways AI can change the work of lawyers in corporate governance, privacy, security, IP, and regulatory/government affairs.

[ ] Ask AI for a list of 10 ways, focusing on practical, available options that don't require significant investment.

[ ] Review the AI-generated list and select one or two areas to start exploring further.

[ ] Investigate using AI-powered meeting note-taking tools like Otter to improve communication and collaboration.

[ ] Scan the QR code at the end of the presentation to access the slides and prompts used.

Outline

Introduction and AI's Impact on Business

  • Speaker 1 introduces Dan Chuparkoff to the summit stage, highlighting his expertise in AI and its impact on business and legal services.

  • Dan Chuparkoff expresses excitement about the summit and the dynamic nature of AI in managing legal, privacy, risk, copyright, and IP protection.

  • Dan emphasizes the importance of staying ahead of AI changes and mentions his experience at Google, where Sundar Pichai compared AI's impact to that of fire.

  • He shares his personal journey from a C student in a trailer park to a leader at Google, attributing his success to embracing new technologies like cloud computing and AI.

Personal Anecdote and Early AI Experience

  • Dan recounts his high school Co-Op program experience, where he learned architecture by drawing parking lot lines.

  • He meets Mr. Pak, an architect using AutoCAD, and learns about the power of technology through the "copy and paste" feature.

  • Dan reflects on how this experience shaped his career, seeking similar productivity gains from new technologies like PCs, spreadsheets, the internet, and mobile.

  • He discusses the evolution of productivity gains from technology and the importance of understanding AI's role in business.

Understanding AI and Its Limitations

  • Dan explains the confusion around AI, noting that people often use the term broadly without understanding its specific features.

  • He uses an example of generating an image of AI, which depicts AI as a robot with levers and switches, to illustrate the common misconceptions.

  • Dan emphasizes the need to understand specific AI tools like AI note-takers, AI as a search engine, and AI research assistants.

  • He introduces the concept of generative pre-trained transformers (GPTs) and explains their capabilities, including the limitations of outdated data in AI models.

AI's Predictive Nature and Hallucinations

  • Dan demonstrates how AI generates answers based on probability tables, using the example of completing the sentence "Once upon a time, now..."

  • He explains that AI often provides the most common answer, which may not always be the most accurate or creative.

  • Dan discusses the concept of hallucinations in AI, where AI provides incorrect or misleading information due to the quality of its training data.

  • He shares an example of a Reddit post where AI suggests using Elmer's glue to prevent cheese from sliding off pizza, highlighting the importance of verifying AI's suggestions.

AI Tools and Their Applications

  • Dan introduces three major AI tools: ChatGPT, Google's Gemini, and Anthropic's Claude, each with its own strengths and applications.

  • He explains how Microsoft's co-ownership of ChatGPT has led to its integration into Microsoft products as "co-pilot."

  • Dan describes Gemini's focus on pictures and text, making it useful for tasks involving visual data and real-time interactions.

  • He highlights Claude's approach of combining machine learning with human curation, which may offer more privacy and control over data.

AI's Role in Legal Services

  • Dan shares a prompt he used to ask AI about the impact of AI on legal services, receiving a detailed response with 10 ways AI can change legal work.

  • He emphasizes the importance of asking specific questions to get practical and actionable insights from AI.

  • Dan discusses various AI-driven legal tasks, such as multi-jurisdictional research, autonomous drafting, and regulatory scanning.

  • He encourages legal professionals to explore these AI tools and adapt them to their workflows to improve efficiency and accuracy.

AI as a Strategy Accelerator

  • Dan positions AI as a strategy accelerator, helping teams make better decisions and solve complex problems faster.

  • He explains how AI can assist in various tasks, from generating stories and project briefs to translating languages and creating presentations.

  • Dan advises using AI as an intern would be used, providing initial drafts and outlines that require human review and refinement.

  • He stresses the importance of maintaining oversight and reviewing AI-generated outputs to ensure quality and accuracy.

AI's Impact on Communication and Collaboration

  • Dan discusses the potential of AI to revolutionize communication and collaboration, making it easier for people to work across languages.

  • He shares a video demonstrating how AI can translate speech into multiple languages in real-time, enabling global collaboration.

  • Dan highlights the benefits of AI-powered meeting notes and transcription tools, which can improve efficiency and data retention.

  • He encourages organizations to adopt these AI tools to enhance their communication and collaboration processes.

AI's Role in Problem Solving and Decision Making

  • Dan explains that AI is excellent at managing words and can significantly improve communication and collaboration.

  • He emphasizes that AI cannot solve new, complex problems or make decisions without human input, as it lacks the context and creativity of humans.

  • Dan outlines the hierarchy of human expertise, where problem-solving, decision-making, and imagination are essential human skills.

  • He encourages teams to leverage AI to handle routine tasks, freeing up time for more strategic and creative work.

Conclusion and Future of AI

  • Dan concludes by emphasizing the importance of embracing AI to stay competitive and efficient in today's fast-paced business environment.

  • He encourages teams to focus on using AI to improve communication, collaboration, and problem-solving, rather than replacing human roles.

  • Dan highlights the exponential growth of technology and the need for organizations to adapt to these changes to thrive.

  • He thanks the audience and encourages them to explore the potential of AI in their respective industries and roles.

Thank you!