I'm CTO of a legal tech company, and we've set pretty realistic goals: define a good schema to describe contracts, link them to relevant knowledge, and track ho

I'm CTO of a legal tech company, and we've set pretty realistic goals: define a good schema to describe contracts, link them to relevant knowledge, and track how they change over time like git. We use some NLP for figuring out how a contract is structured and identifying clauses. The number of competitors we saw start up 2+ years ago, promising a fully-automated lawyer, predicting outcomes to cases, building smart-contracts that would somehow be perfect and not ever be contested or need to keep up with case law, getting funded was shocking. Less shocking is how many of them I've seen collapse under their utterly unworkable premise over the past 6 months. Worst part is, this is actually bad for us, because all the baseless hype has eroded trust in the industry.