Sunday 16 February 2020

Law : Nothing Artificial in Arbitration

Especially if arbitration leans heavily on AI ( Artificial Intelligence )

Chief Justice S A Bobde seems to think so , as per following report :

Artificial Intelligence could help in arbitration in globalized era, says CJI

Extract :

“Artificial Intelligence could provide immense benefits for the arbitration process and its users

By augmenting human cognitive abilities, AI powered services could assist lawyers in,

Ø Drafting

Ø Identification of better authorities

Ø Reviewing documents … etc

It is well placed to assist arbitral tribunals in,

Ø Preparation of awards

Ø Simultaneous judicial review

Ø Streamlining case management.

AI based analytics system could be used ,

Ø To predict costs , duration and possible resolution

Ø Proposing a range of settlement based on analysis of previous arbitrations of similar size and complexity

AI assisted arbitration holds immense promise for arbitration community “

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Earlier ( on 24 Jan ), Hon Bobde had said :

“The AI systems we are currently looking to employ in courts, possesses reading speed of one million characters per second. I can imagine a system similar to this can be used to rea and extract all relevant facts, compute tax effect and assist in a myriads of new ways to propel the pace of decision making “

Dear CJI,

What you imagined is about to happen !

Here it is : IBM’s New AI System Can Compose Logical Arguments

Highlights :

IBM recently unveiled a new artificial intelligence system that can craft lengthy, persuasive arguments during a debate.

At the show [ CES ], it presented arguments both for and against making gambling illegal. It later did the same for the idea of developing autonomous cars.

Project Debater does little writing of its own — the AI system’s core strength comes from categorizing and analyzing the arguments fed into it by humans.

The algorithm scans short human-written arguments on a potential debate topic for specific keywords and language

Then it groups those arguments by topic, determines whether they’re for or against the proposal, and organizes a speech based on the arguments it analyzed.

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With more than 3.5 crore cases pending in Indian Courts, many for 10-20 years, there is no doubt that common citizen would rather suffer injustice than spend a fortune in hiring a lawyer !

Dear Shri RaviShankar Prasaji,

As per a report of the China AI Development 2018, somewhere between 2013 and 2018, the investment and financing in the AI innovation area of China represent 60% on the planet. This was valued at $27 billion in 2017.

In recently announced budget, the Government has allocated Rs. 8,000 crore ( approx. $ 1.2 billion ) for the National Mission on Quantum Computing and Technology.

No doubt, there are many projects competing for this fund. I urge you to allot 10 % of this budget to the Supreme Court