How are the banking and legal sectors embracing AI and document automation software?

Greig Duncan of HotDocs Group (an AbacusNext company) looks at the impact of Artificial Intelligence (AI) on document automation software in the banking and legal sectors.

AI has advanced significantly in recent years. Initially the introduction of AI was viewed suspiciously – its potential to take on Orwellian characteristics to dominate and control content production, and to ‘steal’ jobs.

Now, Artificial Intelligence is a well recognised part of technology advancement. It is used to great effect in the legal and banking sectors to parse, search and extract data from documents via natural language processing. Greig provides a number of insights into the uses of AI   in the legal and banking sectors, as well as a number of links and statistics on the potential impact on productivity and profitability.

Click on the link below to read Greig’s article and a number of other articles on Artificial Intelligence.

Artificial IntelligenceNatural Language ProcessingAITechnology
How are the banking and legal sectors embracing Artificial Intelligence and document automation software?The Rise of Artificial Intelligence in LawArtificial Intelligence and Related Skills InfographicTechnology: Disrupting the Legal ProfessionGraduate Series: An Interview with Heriot-Watt student Angus Addlesee