Binance Founder Says Artificial Intelligence Can Help Simplify Law

Changpeng Zhao, the founder and former CEO of Binance , has called on governments around the world to consider using artificial intelligence (AI). He said tools like large language models (LLM) could help make laws more straightforward to understand. In an X post shared on July 10, Zhao said that these advanced tools could help reduce the complexity of laws. He added that they could also make legal systems more accessible to ordinary citizens. Changpeng Says Legal Systems Have Become Overly Complicated According to Zhao, many countries have built up layers of laws over the years. Many times, lawyers add new sections and make amendments over time without removing old or outdated law sections. As a result, the legal system in many countries has become hard to understand for people who are not trained as lawyers. This problem makes it hard for regular people to know their rights and duties. Many people rely heavily on lawyers to understand simple legal documents or steps. Zhao thinks technology, especially artificial intelligence , can help fix this problem. How AI Can Make the Law Easier to Understand Large language models like ChatGPT are a kind of AI that can read and understand human language. These AI systems can learn from many legal texts, like laws, rules, and court decisions. After learning, they can read and understand long and complex legal documents and rewrite them in simple, clear language. They can also find mistakes, remove repeated parts, and explain legal words clearly. Zhao thinks these tools can help governments make laws more straightforward to use. People would not need to spend a lot of time reading hard legal papers or hire a lawyer for small questions. Instead, they could use AI to get a quick and straightforward answer about what the law means. Binance Founder Backs AI as Legal Assistant Even though Zhao supports the use of AI in law, he does not believe that it should replace lawyers. Instead, he sees it as a helpful tool that can handle basic and repeated tasks. This would allow lawyers to focus on more difficult cases and legal problems. However, despite their strong potential, experts have warned that these systems are not perfect. Current AI models can still make mistakes or give wrong answers. Sometimes, they may present false information in a way that sounds correct. As a result, legal professionals will still be needed to check the work done by AI, provide context, and make final decisions. At the same time, experts are warning about the alarming rise in the use of AI to commit fraud globally . This highlights the need for careful and responsible AI adoption. The post Binance Founder Says Artificial Intelligence Can Help Simplify Law appeared first on TheCoinrise.com .

Source: The Coin Rise