Thomson Reuters Top Reads
Thomson Reuters Top Reads is a monthly newsletter of recent and interesting articles, stories, and topics to keep you informed.
Building AI technology for professionals
The potential of AI to transform professional practices has prompted numerous tech firms to develop specialized AI solutions.
David Wong , chief product officer, Thomson Reuters, speaks to The Globe and Mail about the development of professional-grade AI products and highlights the importance of continued innovation in serving rapidly evolving professional sectors.
Legal imperatives for adopting AI strategies
The rapid advancement of AI technology has led to numerous legal challenges, with over two dozen AI-related lawsuits currently underway in the US alone.
Jake Heller , head of product, Cocounsel Thomson Reuters, speaks to Forbes about five critical legal factors that businesses must consider before implementing AI strategies: IT compatibility, regulatory compliance, data protections, data training risks and intellectual property issues.
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AI drives resurgence in law firm research roles
Law firms are experiencing a significant shift in staffing, with library and research roles seeing the largest surge in pay and headcount among staff positions over the past year.?
Marcus Belanger , industry data analyst, Thomson Reuters, shares in The American Lawyer that the advent of AI technologies is leading to the shift in law firm staffing, where roles focused on data management and AI integration – such as research positions and IT roles – are experiencing substantial growth in demand.
Importance of data curation in creating specialized AI tools
Following generative AI's remarkable capabilities demonstrated in recent years, the development of professional-grade AI solutions continues to advance significantly.
Noah Pruzek , head of technology services, Thomson Reuters, writes for CIO Dive about the difference between LLMs specialized for business solutions and general-purpose LLMs, and the importance of specialized AI models in providing the level of nuance and domain expertise to navigate context-based work.
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3 周The Transformative Potential of AI in Professional Practices By Dr. Bryan K. Hickman October 31, 2024 Title credit: Unknown author The rapid advancement of artificial intelligence (AI) is reshaping industries and redefining professional practices. Companies like Google, Microsoft, and IBM are spearheading the development of specialized AI solutions, driving efficiency, enhancing productivity, and fostering innovation. This article explores how specialized AI tools are transforming professional landscapes, empowering businesses to achieve unprecedented levels of decision-making accuracy and process automation. 1. Automation of Routine Tasks One of AI’s most immediate impacts is the automation of repetitive tasks. For instance, Microsoft’s Azure AI and IBM’s Watson automate data entry, customer responses, and document processing, freeing professionals to focus on strategic work that demands human creativity and critical thinking. In the finance sector, AI is invaluable for managing data analysis and flagging anomalies, which previously required extensive human oversight.