Generative AI, a subset of AI that can generate content, has been making waves in the tech world. Its potential to revolutionize industries by automating and optimizing tasks is undeniable. A prime example of this is ChatGPT by OpenAI. Launched in late 2022, ChatGPT’s adaptability in steering conversations and its rapid adoption rate, crossing 100 million users in just a few months, showcases the power and potential of generative AI.
In the realm of legal technology, the possibilities are virtually endless. Generative AI could significantly streamline the often-tedious task of reviewing legal documents. However, while the potential is vast, it’s essential to approach with awareness. A significant aspect of ChatGPT is its reliance on a large ‘public’ language model. In contrast, iCONECT’s AI technologies, such as conceptual search and Personal Identifiable Information (PII) identification, are grounded in secured data. The distinction between ‘public’ and ‘private’ in AI tools is crucial, especially when data security and document integrity are paramount in the legal and privacy sectors.
It’s not about dismissing generative AI but understanding its nuances. At iCONECT, we champion a thoughtful approach. While consumer-grade generative AI tools have their merits, our focus is on developing enterprise-grade solutions that harness the power of generative AI without compromising on security.
Supporting our stance, recent surveys indicate a global trend of organizations exercising caution with generative AI applications in the workplace. Our ongoing research and understanding of potential challenges enable us to chart a technology roadmap that embraces innovation while upholding data integrity.
At iCONECT, our commitment to innovation in Artificial Intelligence (AI) has been unwavering. We’ve harnessed AI to empower organizations in their quest to search, sort, identify, organize, and tag digital documents and data. From acquiring AI source code from Ayfie-Norway in 2021 to integrating with the esteemed Sentio technology, our journey underscores our dedication to enhancing review and analysis without compromising data integrity or security.
Stay tuned! As pioneers in secure web-based access to confidential documents and data, we’re excited about the future. We remain committed to leading the way in innovation and simplifying data for our clients.
Interested in seeing our AI approaches in action? Request a demo today!