AI in Paper-heavy industries brings great solutions to some common problems, one of them being the reliance on paper itself, and people therein to read these documents..
This is where AI can come in, since there are tools to automate documents, contracts and almost any type of paper, reading all those informations.
In the legal world, these documents have specif information or rules, being necessary having a “rule book” where the agreements or terms are specified.
You can run an NLP model against that book, to verify the information and the alignment of the information. The extract and reading, but also the understanding of the material in them, like clauses or key pieces of information, can be extract and pre-analysed for you.
Also, using AI can give you a clear vision of the people that worked in that process giving you a clear workflow of the work performed.
Let’s cut through the jargon, myths and nebulous world of data, machine learning and AI. Each week we’ll be unpacking topics related to the world of data and AI with the awarding winning founders of 1000ML. Whether you’re in the data world already or looking to learn more about it, this podcast is for you.