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Comment by DesaiAshu

10 hours ago

In my recent experience, it seems like LLMs may even increase need/demand for actual lawyers (more ideas + more words = more lawyer time). I expect lawyers will generally adopt the technologies that will benefit them, rather than the technologies that would increase standardization and trust

The same has happened with modern finance. Despite more technology that has power to drive more transparent/efficient markets, we have less perfect information sharing and a larger group of middlemen capturing a growing share of profits of the economy