Numbers and news illustrating why the legal industry will struggle to protect society from conflicts. The legal industry simply doesn’t have the capital firepower to fix biases and bugs in our legal system. Meanwhile, more capital is pouring in to destabilize how the law operates. Data makes Laws - AI reveals the Flaws

1. T h e S t r u g g l e

2. how do we create A.I.?

3. 2287
# of private companies claiming A.I. in Legal & RegTech
since 2010
generated: September 15, 2020

4. $61.59 Billion
dollars invested in A.I. for Legal & RegTech
since 2010
generated: September 15, 2020

5. how much went to Legal?

6. generated: September 15, 2020
Reg Tech
$59,85B
Legal Tech
$1,7B

7. generated: September 15, 2020
Legal Tech
$1,7B
perhaps why we struggle

8. where does capital in Legal go?

9. Top 7
eDiscovery
$706M
generated: September 15, 2020
Contracts
$478M
Process
Automation
$60M
Litigation
$68M
Practice Mgt
$92M
IP
$85M
Research
$50M

10. what is RegTech?

11. Data Analytics
$19.6B
Cyber Security
$3.2B
Process
Automation
$3.5B
Investment
$3.6B
Text Analytics
$5.5B
Image
Recognition
$4.6B
Credit
$3.3B
Top 7
generated: September 15, 2020

12. Data Analytics
$19.6B
Text Analytics
$5.5B
Image
Recognition
$4.6B
generated: September 15, 2020
Most of the money
is here

13. Image
Recognition
$4.6B
generated: September 15, 2020
for example

16. ..and here
Text Analytics
$5.5B
generated: September 15, 2020

18. So can Legal use A.I.?

21. Data Analytics
$19.6B
generated: September 15, 2020
Ultimately, here

24. So how does the Law operate?

25. Facial Recognition vs Civil Rights..

29. Data makes Laws
A.I. reveals the Flaws

31. unbiased A.I. but how?

33. first: is the Data Diverse?

34. Synthetic Data Generation

37. second: is the Algorithm Alright?

38. Generative Adversarial Network

41. finally, in the future

42. should humans assist automated
decision making?

47. fix the bugs in tech
fix the law with A.I.

48. thank you
L e g a l c o m p l e x . c o m