With recent focus on the advancements in generative AI, it is worthwhile to differentiate generative AI from the AI used in predictive analytics and other current generation AI tools. AI technologies based on predictive AI have been used in legal tools for years. Current applications of AI in the M&A context include the following. While AI is on the cusp of disrupting the tried-and-true M&A playbook, users of AI should also be cognizant of potential risks. A specific issue that often comes up when using generative AI is “hallucinations.”8 Hallucinations occur when generative AI produces a confident response that is not true.

Source: CNN July 07, 2023 21:24 UTC