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Predictive Analytics
Mediators Find More Tools Through Neuroscience
December 8, 2015
Mediators and other practitioners of alternative dispute resolution are using information gleaned from the research of world-class neuroscientists to calm emotions and help mediations resolve more easily. With the advent of functional magnetic resonance imaging and the growing interest in brain mapping, neuroscientists and those trained by them are teaching thousands of mediators how to ease clients through a conflict-ridden process. While the layperson may believe we make decisions with our rational...
December 8, 2015
Mediators and other practitioners of alternative dispute resolution are using information gleaned from the research of world-class neuroscientists to calm emotions and help mediations resolve more easily. With the advent of functional magnetic resonance imaging and the growing interest in brain mapping, neuroscientists and those trained by them are teaching thousands of mediators how to ease clients through a conflict-ridden process. While the layperson may believe we make decisions with our rational...
IBM Watson Takes The Stand
December 6, 2015
Cognitive computing is already helping doctors, scientists, economists and investors—and now it’s going to law school. We live in a world increasingly run by algorithms. They drive the lion’s share of all equity trades and automate complex hedges and derivatives. They make love matches, set retail prices, sequence traffic lights and air traffic, predict ticket sales by "reading" scripts, diagnose diseases, prescribe drug protocols and identify suspected terrorists for no-fly lists. At Google,...
December 6, 2015
Cognitive computing is already helping doctors, scientists, economists and investors—and now it’s going to law school. We live in a world increasingly run by algorithms. They drive the lion’s share of all equity trades and automate complex hedges and derivatives. They make love matches, set retail prices, sequence traffic lights and air traffic, predict ticket sales by "reading" scripts, diagnose diseases, prescribe drug protocols and identify suspected terrorists for no-fly lists. At Google,...
Google Open Sourced Its Artificial Intelligence Engine
December 5, 2015
The app uses an increasingly powerful form of artificial intelligence called deep learning. By analyzing thousands of photos...
December 5, 2015
The app uses an increasingly powerful form of artificial intelligence called deep learning. By analyzing thousands of photos...
Warning: You Are About to Be Nudged
December 4, 2015
Defaults have been shown in prior research to impact important decisions, including how people complete advance directives (which specify the medical treatments they want to receive if they become unable to communicate their wishes). However, defaults and other nudges are often criticized for violating individual autonomy because those affected are typically unaware that they are being influenced. We report results from a study in which people were informed that they were being defaulted, either...
December 4, 2015
Defaults have been shown in prior research to impact important decisions, including how people complete advance directives (which specify the medical treatments they want to receive if they become unable to communicate their wishes). However, defaults and other nudges are often criticized for violating individual autonomy because those affected are typically unaware that they are being influenced. We report results from a study in which people were informed that they were being defaulted, either...
The ‘Human-Element’ Still Critical to Data Analytics Success
December 3, 2015
New survey underscores the need for continued workforce development alongside the implementation of new analytics tools. As reported by the American Lawyer earlier this month, the advent of automated technologies is deeply impacting the profession of law, and many now believe that legal support functions traditionally overseen by paralegals and junior attorneys could soon be handled by artificial intelligence (AI) platforms. According to the technology survey conducted by Altman Weil, 35 percent...
December 3, 2015
New survey underscores the need for continued workforce development alongside the implementation of new analytics tools. As reported by the American Lawyer earlier this month, the advent of automated technologies is deeply impacting the profession of law, and many now believe that legal support functions traditionally overseen by paralegals and junior attorneys could soon be handled by artificial intelligence (AI) platforms. According to the technology survey conducted by Altman Weil, 35 percent...
Access to Justice Problem Fueled LexisNexis, Lex Machina Deal
November 30, 2015
On Friday, the company Lemley founded in 2010 — first as an academic project called Intellectual Property Litigation Clearinghouse,...
November 30, 2015
On Friday, the company Lemley founded in 2010 — first as an academic project called Intellectual Property Litigation Clearinghouse,...
LexisNexis Acquires ‘Legal Analytics’: Lex Machina
November 30, 2015
LexisNexis Legal & Professional, a content and software provider for business and legal professionals, announced on November...
November 30, 2015
LexisNexis Legal & Professional, a content and software provider for business and legal professionals, announced on November...
Robot Toddler Learns to Stand by “Imagining” How to Do It
November 29, 2015
Instead of being programmed, a robot uses brain-inspired algorithms to “imagine” doing tasks before trying them in the real world. Like many toddlers, Darwin sometimes looks a bit unsteady on its feet. But with each clumsy motion, the humanoid robot is demonstrating an important new way for androids to deal with challenging or unfamiliar environments. The robot learns to perform a new task by using a process somewhat similar to the neurological processes that underpin childhood learning. Darwin...
November 29, 2015
Instead of being programmed, a robot uses brain-inspired algorithms to “imagine” doing tasks before trying them in the real world. Like many toddlers, Darwin sometimes looks a bit unsteady on its feet. But with each clumsy motion, the humanoid robot is demonstrating an important new way for androids to deal with challenging or unfamiliar environments. The robot learns to perform a new task by using a process somewhat similar to the neurological processes that underpin childhood learning. Darwin...
Artificial Intelligence and Predicting Tax Evasion
November 28, 2015
As the U.S. tax code becomes increasingly complex, particularly in the realm of partnership taxation, various laws are often implemented without considering their effects on the overall tax system. Such laws not only create confusion among well-meaning taxpayers, but can be exploited by highly paid tax professionals in order to create perverse results not anticipated by policy-makers. To get an idea of an impact scale, Rosen and Hemberg’s team cites a May 2014 Government Accountability Office report,...
November 28, 2015
As the U.S. tax code becomes increasingly complex, particularly in the realm of partnership taxation, various laws are often implemented without considering their effects on the overall tax system. Such laws not only create confusion among well-meaning taxpayers, but can be exploited by highly paid tax professionals in order to create perverse results not anticipated by policy-makers. To get an idea of an impact scale, Rosen and Hemberg’s team cites a May 2014 Government Accountability Office report,...
Five Guidelines for Making Good Big Data Decisions
November 27, 2015
Nearly a decade after Steve Jobs introduced us to the iPhone, our society has been deeply impacted by the "Digital Trinity" of mobility, social media and advanced analytics. Mobility makes us perpetually connected, social media gives us a reason to be connected, and analytics ensures that the experience is increasingly compelling and profitable. The Trinity is not only feeding the growth of data in our world; it also is accelerating our hunger for more. Contrary to what many pundits claim, it's...
November 27, 2015
Nearly a decade after Steve Jobs introduced us to the iPhone, our society has been deeply impacted by the "Digital Trinity" of mobility, social media and advanced analytics. Mobility makes us perpetually connected, social media gives us a reason to be connected, and analytics ensures that the experience is increasingly compelling and profitable. The Trinity is not only feeding the growth of data in our world; it also is accelerating our hunger for more. Contrary to what many pundits claim, it's...
