- The AI Update with Kevin Davis
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- Midjourney V6 Prompting Guide, plus AI For Legal
Midjourney V6 Prompting Guide, plus AI For Legal
Today's edition is focused on the legal side of AI. As Snoozer as it sounds, check it out along with Midjourney V6 Prompting Guide.
BREAKING NEWS
Harvey's AI Ambition: A $80M Bet on Legal Precision
Harvey, an AI startup targeting the legal sector, just bagged $80 million in Series B funding. The company's worth now stands at a staggering $715 million.
Heavyweights Elad Gil and Kleiner Perkins led the round, with OpenAI's startup fund and Sequoia chipping in. This follows a $21 million Series A in April, tipping Harvey's total raise over $100 million.
Generative AI is transforming professional services. It devours data, understands complex information, and converses naturally.
For the legal field, this means summarizing documents, aiding research, drafting and revising briefs. But there's a catch. General-purpose models like ChatGPT can misstep, especially with specialized knowledge.
A New York lawyer learned this the hard way, submitting a ChatGPT-authored brief riddled with inaccuracies, landing him in hot water.
Moreover, ChatGPT isn't a vault. Information shared with it isn't exactly Fort Knox, posing a risk of sensitive data exposure.
Enter Harvey, crafting a proprietary AI service based on OpenAI's GPT-4 model, promising enhanced legal accuracy, security, and privacy. It's an exclusive affair, with giants like Allen & Overy and Macfarlanes onboard.
PricewaterhouseCoopers LLC jumped on the Harvey train too, aiming to revolutionize tax and legal service delivery.
Harvey's legal AI sidesteps "hallucinations"—AI's false confident assertions—by integrating legal best practices and fostering trust through reputation.
The startup's engagement and revenue have soared since April, and with fresh funds, it plans to double down on custom AI models, scale its team, and enrich client features.
Harvey's trajectory is a testament to AI's potential to reshape industries, provided it's tailored to the task.
With its focus on precision and privacy, Harvey is not just riding the AI wave—it's steering it toward a future where technology and tradition meet in the courtroom.
OTHER NEWS
AI's Legal Shield: A New Era for Enterprise
In a decisive move marking the year's end, Anthropic has updated its Commercial Terms of Service, effective January 1, 2024, to indemnify its enterprise Claude API customers against copyright infringement claims.
This pivot aligns Anthropic with tech giants like Microsoft and Google, who have already adopted intellectual property protections for generative AI outputs.
The significance of Anthropic's decision cannot be overstated. As AI continues to disrupt industries, the legal ramifications of its output grow increasingly complex.
The updated terms offer a defense against "Customer Claims," encompassing third-party allegations that a customer's use of Anthropic's services infringes on intellectual property rights.
However, these protections are not without limitations. Anthropic's indemnification excludes scenarios involving customer modifications to services or outputs, combinations with non-Anthropic technology, and certain legal violations.
These carve-outs echo the industry's cautious approach to navigating the murky waters of AI-generated content and its legal implications.
The move towards offering copyright protection has become standard practice over the past year, yet it's not a blanket safety net. Customers must scrutinize the terms, considering the specific uses they have in mind.
This scrutiny is especially pertinent given the ongoing legal battles over the training of AI models, which continue to raise unresolved intellectual property questions.
Anthropic's updated terms signal a broader industry trend acknowledging the need for legal safeguards in the rapidly evolving AI landscape.
For enterprises leveraging AI, this development is a welcome layer of security, but it also serves as a reminder to remain vigilant and informed about the legal intricacies associated with these powerful technologies.
Anthropic's announcement is not just about legal protection; it's a reflection of the evolving relationship between AI and the law. As AI's capabilities expand, so too does the need for a legal framework that can adapt to its unique challenges.
The tech industry's leaders are setting a precedent, but it's up to the entire ecosystem, including customers, to navigate this new terrain with both caution and clarity.
I can see this bringing about a new type of insurance policy specific for AI companies similar to errors and omissions.
SOCIAL MEDIA
Breakdown Of New Prompt Structure
For New Midjourney V6
MIDJOURNEY'S NEW PROMPT STRUCTURE
Midjourney v6 is coming soon with a better understanding of prompts. This means no more random phrases and words. We'll need a new way of creating prompts.
I personally plan to test this simple structure that reflects a typical linguistic… twitter.com/i/web/status/1…
— Tatiana Tsiguleva (@ciguleva)
8:22 PM • Dec 19, 2023
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That’s all for today.