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Stanford Research Raises Concerns aboutChatbots Use in Legal Field Greetings everyone! Stanford University's latest research unveils unsettling truths about popular AI chatbots, including OpenAI's ChatGPT and Google's PaLM 2. When faced with legal questions, these widely-used models exhibited "hallucinations" in responses a staggering 75% of the time. The implications are particularly worrisome for self-represented litigants who rely on these AI tools due to financial constraints. As hopes for AI aiding legal services soar, the study underscores the urgent need for refining these models to ensure accurate and reliable legal assistance #AILaw#LegalTech#AIChatbots#LegalServices#StanfordResearch

Platus Raises $500K for Expansion Platus has secured a $500K funding round to enhance its API that offers legal services, allowing businesses to notarize documents globally. 🌐 #Funding#LegalServices#API#Notarization#Business#Global#Tech

🚀 Core Inflation Data Falls Short of Expectations Amid Iran Conflict On April 10, Jin10 reported that March's core inflation data, excluding the significant rise in energy prices due to the Iran conflict, fell below expectations. According to Jin10, Omair Sharif from Inflation Insights noted that this positive trend might not last. Sharif explained that the core price increase was suppressed by declines in two categories: legal services and medical goods, which are unlikely to remain at their current low levels in the coming months. Additionally, airfare prices rose by 2.7% last month and may accelerate further. He stated, “Aside from gasoline, today's data largely does not reflect the impact of the Iran conflict, so I expect core inflation readings to strengthen in the coming months.” #CoreInflation#IranConflict#InflationData#EnergyPrices#LegalServices#MedicalGoods#AirfarePrices#OmairSharif#EconomicTrends#InflationInsights