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Predictive Analytics
American Family Invests in Advanced Analytics and AI Through Acquisition of Networked Insights
January 26, 2018
With the purchase of Chicago-based data and analytics software company, Networked Insights, American Family Insurance will accelerate its digital transformation, including its use of data, advanced analytics and artificial intelligence (AI). The acquisition allows American Family to build on its current advanced analytics capabilities to improve how it serves and meets the needs of customers. American Family already is investing in AI and related technology across the organization – including...
January 26, 2018
With the purchase of Chicago-based data and analytics software company, Networked Insights, American Family Insurance will accelerate its digital transformation, including its use of data, advanced analytics and artificial intelligence (AI). The acquisition allows American Family to build on its current advanced analytics capabilities to improve how it serves and meets the needs of customers. American Family already is investing in AI and related technology across the organization – including...
In Possible U.S. First, Law Firm Will Sell AI Software to its Clients
January 26, 2018
In what is said to be a first for a U.S. law firm, a Pennsylvania law firm will sell artificial intelligence software directly to its clients in the health care industry to enable them to better review, analyze and negotiate contracts. The Pittsburgh-based law firm Horty Springer is partnering with the AI software company LegalSifter to offer the product directly to hospitals and health systems. Initially it will allow clients to review business associate agreements required by HIPAA privacy...
January 26, 2018
In what is said to be a first for a U.S. law firm, a Pennsylvania law firm will sell artificial intelligence software directly to its clients in the health care industry to enable them to better review, analyze and negotiate contracts. The Pittsburgh-based law firm Horty Springer is partnering with the AI software company LegalSifter to offer the product directly to hospitals and health systems. Initially it will allow clients to review business associate agreements required by HIPAA privacy...
Introducing NIMA: Neural Image Assessment
January 20, 2018
Quantification of image quality and aesthetics has been a long-standing problem in image processing and computer vision....
January 20, 2018
Quantification of image quality and aesthetics has been a long-standing problem in image processing and computer vision....
Playing with the Data: What Legal Scholars Should Learn About Machine Learning
January 19, 2018
Legal scholars have begun to focus intently on machine learning — the name for a large family of techniques used for sophisticated new forms of data analysis that are becoming key tools of prediction and decision-making. We think this burgeoning scholarship has tended to treat machine learning too much as a monolith and an abstraction, largely ignoring some of its most consequential stages. As a result, many potential harms and benefits of automated decision-making have not yet been articulated,...
January 19, 2018
Legal scholars have begun to focus intently on machine learning — the name for a large family of techniques used for sophisticated new forms of data analysis that are becoming key tools of prediction and decision-making. We think this burgeoning scholarship has tended to treat machine learning too much as a monolith and an abstraction, largely ignoring some of its most consequential stages. As a result, many potential harms and benefits of automated decision-making have not yet been articulated,...
Crowdsourcing Predictions of Supreme Court Decisions
January 17, 2018
Daniel Martin Katz (Illinois Tech - Chicago Kent College of Law; Stanford CodeX - The Center for Legal Informatics), Michael...
January 17, 2018
Daniel Martin Katz (Illinois Tech - Chicago Kent College of Law; Stanford CodeX - The Center for Legal Informatics), Michael...
Crowdsourcing Accurately and Robustly Predicts Supreme Court Decisions
January 15, 2018
Scholars have increasingly investigated “crowdsourcing” as an alternative to expert-based judgment or purely data-driven...
January 15, 2018
Scholars have increasingly investigated “crowdsourcing” as an alternative to expert-based judgment or purely data-driven...
CodeX is Connecting the Artificial Intelligence and Legal Communities
January 14, 2018
Best described as an incubator of ideas, CodeX, the Center for Legal Informatics, is a joint venture between Stanford Law School and Stanford Computer Science department. “We are an inter-disciplinary research centre,” says executive director Roland Vogl (pictured). “Our mission is to bring information technology to the legal system to make it more efficient and to empower every stakeholder. We understand there’s a lot of interest in helping lawyers do their work more efficiently.” Started...
January 14, 2018
Best described as an incubator of ideas, CodeX, the Center for Legal Informatics, is a joint venture between Stanford Law School and Stanford Computer Science department. “We are an inter-disciplinary research centre,” says executive director Roland Vogl (pictured). “Our mission is to bring information technology to the legal system to make it more efficient and to empower every stakeholder. We understand there’s a lot of interest in helping lawyers do their work more efficiently.” Started...
Lexis Advance Now Integrates Attorney Analytics from Lex Machina
January 13, 2018
When LexisNexis acquired the legal analytics platform Lex Machina in November 2015, the the plan was to integrate Lex Machina’s analytics into various LexisNexis products and, in particular, its Lexis Advance legal research platform. Last January, it took the first step in that direction when it integrated judge analytics into Lexis Advance, and later in the year it added integration for law firm analytics. Yesterday LexisNexis rolled out the third such integration, attorney analytics....
January 13, 2018
When LexisNexis acquired the legal analytics platform Lex Machina in November 2015, the the plan was to integrate Lex Machina’s analytics into various LexisNexis products and, in particular, its Lexis Advance legal research platform. Last January, it took the first step in that direction when it integrated judge analytics into Lexis Advance, and later in the year it added integration for law firm analytics. Yesterday LexisNexis rolled out the third such integration, attorney analytics....
The Psychology and Neuroscience of Financial Decision Making
January 13, 2018
Financial decisions are among the most important life-shaping decisions that people make. We review facts about financial decisions and what cognitive and neural processes influence them. Because of cognitive constraints and a low average level of financial literacy, many household decisions violate sound financial principles. Households typically have under-diversified stock holdings and low retirement savings rates. Investors over-extrapolate from past returns and trade too often. Even top corporate...
January 13, 2018
Financial decisions are among the most important life-shaping decisions that people make. We review facts about financial decisions and what cognitive and neural processes influence them. Because of cognitive constraints and a low average level of financial literacy, many household decisions violate sound financial principles. Households typically have under-diversified stock holdings and low retirement savings rates. Investors over-extrapolate from past returns and trade too often. Even top corporate...
Choice Overload in Online Platforms
January 12, 2018
The choice overload effect refers to the experimental finding that a larger choice set may in fact yield fewer overall purchases than would be observed with a smaller set. The effect has received much attention, but empirical evidence has been mixed so far. We describe the first study that attempts to confirm choice overload in a large online experiment, involving thousands of households making major purchases. The experiment was conducted by an online travel and price aggregator company, which offered...
January 12, 2018
The choice overload effect refers to the experimental finding that a larger choice set may in fact yield fewer overall purchases than would be observed with a smaller set. The effect has received much attention, but empirical evidence has been mixed so far. We describe the first study that attempts to confirm choice overload in a large online experiment, involving thousands of households making major purchases. The experiment was conducted by an online travel and price aggregator company, which offered...
