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Are people irrational to start law degrees in 2024? New research shows AI can do many of the tasks of junior lawyers and other legal staff at less than 1% the cost of their wages.
Those pointing to hallucinations and such are focused on Generative AI as it is today. However, it will be vastly different in 4-6 years when people leave law school if they start today. This technology is on a growth curve that is much more rapid than most, if not all, we have seen in history.
A lot of the issues in AI today will be mitigated by the time the newly minted attorneys are ready to practice.