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In January, the legal startup DoNotPay sent more than $1 million to employees and investors in its first-ever dividend. He got the idea from one of his own angels, Sahil Lavingia, whose startup Gumroad issued a dividend last year. The expectation is that when a company sells or goes public, employees will cash in their shares for untold riches. Last year, the digital commerce startup Gumroad paid a dividend of $1 million across employees, investors, and thousands of crowdfunding backers. Cash rewardsBrowder said he wanted to offer a dividend to reward those employees and investors who bet on the startup early.
Persons: Joshua Browder, Browder, DoNotPay, it's, Sahil Lavingia, Josh Seidenfeld, Cooley, Steve Huffman, Spencer Platt, Seidenfeld, Lavingia, Andreessen Horowitz, Greylock, Dylan Field, Scott Belsky, Daniel Dines, Balaji Srinivasan, Cash, there's Organizations: Business, Big Law, Employees, Founders Fund, Adobe Locations: San Francisco
ChatGPT has drawn users at a feverish pace and spurred Big Tech to release other AI chatbots. But ChatGPT, the latest in technology known as "large language model tools," doesn't speak with sentience and doesn't "think" the way people do. Other tech companies like Google and Meta have developed their own large language model tools, which use programs that take in human prompts and devise sophisticated responses. Other researchers seem to be taking more measured approaches with generative AI tools. He told Insider he's helping to experiment with a chat bot called "Rentervention," which is meant to support tenants.
Persons: ChatGPT, Here's, what's, OpenAI, Matthew Sag, Koko, Rob Morris, Daniel Linna Jr, he's, Linna Organizations: Big Tech, Microsoft, Emory University, Google, Northwestern University, Committee, Better, Princeton
On Tuesday, OpenAI announced the next-generation version of the artificial intelligence technology that underpins its viral chatbot tool, ChatGPT. The company said GPT-4 recently passed a simulated law school bar exam with a score around the top 10% of test takers. Providing more precise responsesCompared to the prior version, GPT-4 is able to produce longer, more detailed and more reliable written responses, according to the company. One early user said it provided in-depth suggestions for pickup lines based on a question listed on a dating profile. “They can produce inaccurate information from time to time and can be black-box in nature.”For now, OpenAI said GPT-4 users should exercise caution and use “great care” particularly “in high-stakes contexts.”
DoNotPay, which uses AI to provide legal services, is facing a proposed class action lawsuit. The complaint argues: "Unfortunately for its customers, DoNotPay is not actually a robot, a lawyer, nor a law firm. DoNotPay does not have a law degree, is not barred in any jurisdiction, and is not supervised by any lawyer." DoNotPay claims to use artificial intelligence to help customers handle an array of legal services without needing to hire a lawyer. It was founded in 2015 as an app to help customers fight parking tickets, but has since expanded its services.
DoNotPay "is not actually a robot, a lawyer, nor a law firm," Chicago-based law firm Edelson said in a proposed class action in San Francisco state court dated March 3 and posted to the court's public website Thursday. Browder said Edelson founder Jay Edelson "inspired me to start DoNotPay," claiming Edelson and lawyers like him enrich themselves through class actions with little benefit to consumers. Browder founded DoNotPay in 2015 with a focus on tasks such as fighting parking tickets, and it has expanded to include some legal services, the lawsuit said. The lawsuit said DoNotPay violated California's unfair competition law by engaging in the unauthorized practice of law. The case is Faridian v. DoNotPay Inc, Superior Court of the State of California for the County of San Francisco, No.
DoNotPay's CEO says he will hold off on deploying an AI 'robot lawyer' in traffic case hearings. Joshua Browder said that he received 'threats' over the plan and feared facing 'jail for 6 months.' The ploy always carried a risk, as states closely regulate who can practice law. But regulators may still be a while away from contemplating a full-fledged AI lawyer in court. "We're seeing some reform in regulations around the unauthorized practice of law, and we're becoming less rigid," said Murphy.
Coursera CEO Jeff Maggioncalda said that ChatGPT is a mind-blowing "game changer," per Insider. Maggioncalda said that he uses ChatGPT daily and plans on adding it to the firm's course catalog. Maggioncalda plans on integrating ChatGPT into Coursera's course catalog that will likely roll out this year, according to a spokesperson at Coursera. Maggioncalda's endorsement comes as companies experiment with AI tools, including ChatGPT, to find ways to integrate AI capabilities into their products and services. Some people have used ChatGPT to generate Mozart-inspired piano music, write and illustrate a children's book in 72 hours, and even come up with responses to dating app matches.
Open AI, the AI company behind the AI art generator DALL·E, released the viral bot Chat GPT. Other researchers seem to be taking more measured approaches with generative AI tools. He told Insider he's helping to experiment with a chat bot called "Rentervention," which is meant to support tenants. Linna said he's experimenting with Chat GPT to help "Rentervention" come up with better responses and draft more detailed letters, while gauging its limitations. "I think there's so much hype around Chat GPT, and tools like this have potential," said Linna.
We're less than two weeks into 2023, and it's already become clear that OpenAI's ChatGPT will be the defining technology of the year. But it just goes to show you how much confidence Microsoft and others have in the future of AI. Still, that $29 billion valuation is rich for a company with limited revenue and the high costs of running advanced AI. Read Insider's list of the top 12 AI tools that are helping content creators do their work, from dubbing to writing copy, according to industry insiders. Read Insider's guide on how to take a Snapchat screenshot without alerting the other party.
DoNotPay wants to put AI to the courtroom test, and plans to use it to advise defendants in traffic cases. Judges could alert bar associations to a rogue "robot lawyer" on the loose, legal experts said. But DoNotPay's founder Joshua Browder plans to put his app's AI "robot lawyer" to just such a test in an upcoming traffic court case in February, according to a report in the New Scientist that heralds the first AI-powered defense in court. "The traffic court judge might have questions about who's really doing the talking here." As Browder courted headlines with the bold move to take DoNotPay's "robot lawyer" to court, he also tweeted an incredible offer on Sunday.
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