Binance founder Changpeng Zhao has expressed his views on the potential of artificial intelligence in the legal field. He is confident that AI can make laws more understandable and accessible to the general public.
Complexity of Legal Systems
Changpeng Zhao noted that many countries have accumulated layers of laws over the years, with lawyers adding new amendments without removing outdated ones. This has made the legal systems difficult for non-professionals to comprehend.
How AI Can Assist in Law
According to Zhao, large language models like ChatGPT can analyze and simplify complex legal documents. AI can learn from legal texts and rewrite them in a more accessible format, thereby helping people better understand their rights and duties.
AI as a Legal Assistant
While Zhao advocates for the use of AI in law, he emphasizes that technology will not replace lawyers but will serve as a tool to automate routine tasks. Legal professionals will still be needed to verify AI-generated results.
Changpeng Zhao highlights the importance of responsible AI usage in law, which can lead to more transparent and understandable legal systems.
