Comment by thisisit

Here's another train of thought because you don't seem to understand how incentives or even lawyering works.

> then what's stopping all those people you fired from starting new law companies, where AI also does most of the work, and competing with you for the same market?

Your thinking is similar to the someone saying you can use LLMs to "research" stock market edges. The rub lies in knowing what research to do and what inputs to provide.

Big law firms are not big because they create similar outputs and that can be done using AI. They are "big" because they have connections and also know how to create better outputs.

Still to your point:

> I foresee a wave of entrepreneurship coming. AI will empower more people to provide useful services directly to other people, with less middlemen and menial work, and more direct problem solving.

If this was true then what you are saying is every thing is going to be commoditized due to AI. There is no quality difference.

That will drive prices down in the short term and in the long term people will form cliques like "Forum for AI enabled lawyers" or something similar to OECD and drive prices up. Thereby delivering even lesser value for increased cost. Enshittification at its finest. Not exactly the utopia you seem to be picturing.