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Can LLMs Solve the 'No-Reading Problem' of Contracts?
- ybell 3y ago"Our analysis reveals that smart readers (1) reduce by 66.9% the length of contracts; (2) reduce reading time by 14:41 minutes (3) improve text readability by converting college-level texts to texts readable by fifth-grade students; and (4) do so without considerably compromising the essential information in the original contracts. However, smart readers are not flawless."
- jqpabc123 3y ago"However, smart readers are not flawless." In other words, they are unreliable --- which makes them kinda useless for anything of significance. They offer up some "word salad" that may or may not be representative. Would you trust serious money to a calculator if you knew that it might give you the wrong answer?