FIRE Magazine Issue 9 - FIRE International 2022 Vilamoura Edition

Page 41

ThoughtLeaders4 FIRE Magazine • ISSUE 9 ‘FIRE INTERNATIONAL’

LOOKING BACK FROM 2030

WHAT SHOULD WE DO NOW TO TRANSFORM THE LEGAL PROFESSION, INCLUDING BY THE USE OF MACHINE LEARNING TECHNOLOGY TO ENSURE ACCESS TO JUSTICE FOR ALL, AND THAT THE PROFESSION IS AS DIVERSE AS THE COMMUNITIES AND BUSINESSES IT SERVES. Authored by: Jude D’Alesio - Bristol University

Introduction Moore’s Law dictates that the speed and capability of our computers double every two years, which means that by 2030 we can expect computing power to be 16 times greater than it is today. To put it simply, technology will undergo profound change in the next eight years. In three ways, the legal profession must be transformed if it is to strengthen access to justice and diversity in the shadow of modern technology. Firstly, while machine learning presents innumerable opportunities for the profession, it potentially poses grave dangers for humanity and the legal profession should ensure that the necessary safeguards are established. Secondly, the benefits posed by blockchain technology will radically improve access to justice, and finally, the benefits of technology in the legal profession are contingent upon achieving greater cognitive diversity.

1

Protecting humanity from machine learning The legal profession must place itself at the centre of the creation of machine learning (ML) regulation to safeguard humanity’s interests. There exist numerous benefits from ML in the short term for the legal profession, such as automation of routine tasks and increased prediction accuracy. However, there is more scope for the legal profession to fundamentally influence the longer-term effects of ML. An important concept in the field of ML is artificial general intelligence (AGI),

Giorgio Israel, Ana Millan Gasca, The World as a Mathematical Game (2009th edition, Birkhäuser 2009) 78

which is the hypothetical ability of ML technology to learn any intellectual task capable of being performed by a human. AGI has potentially exceptional consequences for the legal profession, in that it may simply ‘solve’ the problems of lack of access to justice and diversity owing to its superintelligence. However, coupled with the potential to solve problems is the inherent theoretical risk that ML with superhuman intelligence could lead to the destruction of humanity: as John von Neumann, regarded by many as the most intelligent man in history, said, ‘the combination of physics and politics could render the surface of the earth uninhabitable’ 1.

The alignment problem, then, asks how we can guarantee that ML is aligned with humanity’s interests to avoid this situation. 41


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Articles inside

Regulating anthropogenic climate change with tort law

12min
pages 96-101

Substituted service of proceedings upon foreign defendants through their lawyers within the Cyprus jurisdiction

5min
pages 92-95

60-Seconds with: Josephine Davies

2min
pages 89-91

A new Swiss §1782? Article 185a PILA and the assistance of Swiss courts in support of foreign arbitral evidentiary proceedings

5min
pages 87-88

Private prosecutions & economic crime: A route to justice for victims

6min
pages 82-86

60-Seconds with: Lucy Pert

2min
pages 76-77

Sanctions and the problem with trusts

5min
pages 78-81

Weaponizing the financial system brings money laundering risks

5min
pages 73-75

Fortification for damages in freezing injunctions: Out with the old, in with the new?

9min
pages 66-69

Tracing cryptocurrency and the English court’s power to compel disclosure from foreign respondents

6min
pages 70-72

60-Seconds with: Nicola Boulton

1min
page 59

The era of mobile spyware

11min
pages 62-65

Pleading the fifth (in England & Wales

6min
pages 56-58

Service of process abroad: no international agreement? No problem. Rely on FRCP 4(f)(2) & (3

13min
pages 48-52

60-Seconds with: Sophia Purkis

1min
pages 45-47

Looking back from 2030

5min
pages 41-44

An investigative approach to non-performing loan recovery: the wood, the trees and the low-hanging fruit

5min
pages 53-55

60-Seconds with: Jude D’Alesio

5min
page 40

The International Law Book Facility Essay Competition

3min
page 37

The Judging Panel

1min
pages 38-39

The impact of Russia sanctions on BVI legal and insolvency practitioners

6min
pages 32-36

Receivership: Draconian or now versatile?

7min
pages 7-10

Personal and cross-border insolvency in India

3min
pages 21-23

The case of the missing diamonds: A best-practices primer in multijurisdictional asset recovery

6min
pages 26-28

Quincecare: A panacea for victims of APP Fraud?

7min
pages 13-16

Freezing oligarchs’ assets: yes, but

6min
pages 17-20

Developments in the UAE

6min
pages 4-6

jurisdiction for claims which relate to economic loss finally been resolved?

5min
pages 29-31

60-Seconds with: Lucy Colter

2min
pages 11-12
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