57 min

10. Unlocking Contract Intelligence: The Intersection of AI and Transformative Mathematics with Randy Friedman The CLM Rx

    • Management

In this episode of The CLM Rx Podcast, Randy Friedman is joining us. He has a rich background in mathematics and AI. He explains the technical aspects of generative AI, how they work together to process and generate content like text, images, and sound. He will share his knowledge about contract intelligence, the rise of AI and the disruptive impact of AI in the industry. The application of artificial intelligence and neural networks; particularly in the context of contract analysis and data processing, can present both opportunities and challenges. When applied properly it can do things that we, as people, cannot do.
 
The key takeaways from this episode:
To perform effectively, AI models like GPT-3 or DALL·E rely on a combination of technologies, including transformers, retrievers, and other components. 
It's important to recognize that AI is not magic but rather a mathematical and technological system. It requires careful engineering and training to produce meaningful results.
The use of AI models also raises ethical concerns, such as bias in training data and potential misuse. It's important to use AI responsibly and address these ethical challenges.
The field of AI is continually evolving, with researchers working on improving models, reducing biases, and making AI more accessible and useful for a wider range of applications.
For more great lessons from the field, and all the CLM content, connect with us here: 
The CLM Rx Book: https://a.co/d/8XA2xYC The CLM Rx LinkedIn: https://www.linkedin.com/company/the-clm-rx/ Kami Paulsen LinkedIn: https://www.linkedin.com/in/kamipaulsen/ Randy Friedman LinkedIn: https://www.linkedin.com/in/randyjayfriedman/ YouTube: https://www.youtube.com/@theclmrx If you implement Contract Lifecycle Management Software ("CLM"), have purchased CLM, are considering purchasing CLM, or expanding your existing CLM footprint, this channel is for you! Kami speaks to CLM practitioners, CLM Vendors, and visionaries on the most pressing topics in the space. She shares practical advice based on her 15 years implementing various CLM software tools for organizations of all sizes, in every vertical. 

In this episode of The CLM Rx Podcast, Randy Friedman is joining us. He has a rich background in mathematics and AI. He explains the technical aspects of generative AI, how they work together to process and generate content like text, images, and sound. He will share his knowledge about contract intelligence, the rise of AI and the disruptive impact of AI in the industry. The application of artificial intelligence and neural networks; particularly in the context of contract analysis and data processing, can present both opportunities and challenges. When applied properly it can do things that we, as people, cannot do.
 
The key takeaways from this episode:
To perform effectively, AI models like GPT-3 or DALL·E rely on a combination of technologies, including transformers, retrievers, and other components. 
It's important to recognize that AI is not magic but rather a mathematical and technological system. It requires careful engineering and training to produce meaningful results.
The use of AI models also raises ethical concerns, such as bias in training data and potential misuse. It's important to use AI responsibly and address these ethical challenges.
The field of AI is continually evolving, with researchers working on improving models, reducing biases, and making AI more accessible and useful for a wider range of applications.
For more great lessons from the field, and all the CLM content, connect with us here: 
The CLM Rx Book: https://a.co/d/8XA2xYC The CLM Rx LinkedIn: https://www.linkedin.com/company/the-clm-rx/ Kami Paulsen LinkedIn: https://www.linkedin.com/in/kamipaulsen/ Randy Friedman LinkedIn: https://www.linkedin.com/in/randyjayfriedman/ YouTube: https://www.youtube.com/@theclmrx If you implement Contract Lifecycle Management Software ("CLM"), have purchased CLM, are considering purchasing CLM, or expanding your existing CLM footprint, this channel is for you! Kami speaks to CLM practitioners, CLM Vendors, and visionaries on the most pressing topics in the space. She shares practical advice based on her 15 years implementing various CLM software tools for organizations of all sizes, in every vertical. 

57 min