Is Artificial Intelligence Really Smart or Just Really Slick?

Smart or Slick? In our last newsletter we predicted that the effects of Artificial Intelligence (A.I.) chat bots on the legal profession will be substantially less than the current hype. Last week, three researchers at Stanford and U.C. Berkeley reported that the “intelligence” demonstrated by leading large language model services (“artificial intelligence” agents, in this…

Are You Ready for 35% Inflation?

. Massive inflation has become likely as twice as many dollars have been created and are afloat in the market now compared to the beginning of 2020.When the number of dollars increases without a corresponding increase in productivity, the value of each individual dollar decreases. The old term for this was “printing money.” The new…