PricewaterhouseCoopers (PWC), the global business services firm, has signed a deal with OpenAI for access to “Harvey”, OpenAI’s Chatbot for legal services.
Reuters: PricewaterhouseCoopers said Wednesday that it will give 4,000 of its legal professionals access to an artificial intelligence platform, becoming the latest firm to introduce generative AI technology for legal work.
PwC said it partnered with AI startup Harvey for an initial 12-month contract, which the accounting and consulting firm said will help lawyers with contract analysis, regulatory compliance work, due diligence and other legal advisory and consulting services.
PwC said it will also determine ways for tax professionals to use the technology.
IBM’s Watson was a failure so we will see but, yeah I will say it, this time feels different. For one, lawyers deal with text where GPTs excel. Second, GPTs have already revolutionized software coding and unlike Watson I am using GPTs every day for writing and researching and it works. The entire world of white collar work is going to be transformed over the next year. See also my paper with Tyler, How to Learn and Teach Economics with Large Language Models, Including GPT.
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Author Of this post: Alex Tabarrok
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