This isn’t anything new but I think it’s moving faster than most will think. I know many will brush it off as “fear-mongering” but this article shows how traditional law firms are at risk of losing lots of business.
In fact, the entire legal industry will be at risk. Most firms hire entry-level associates to do all the grunt work when it comes to documentation and pouring over the details of documents.
But if you remove this task, what will you have left for associates to do?
We’re seeing this in accounting (bookkeeping), financial investment and medicine as well.
The key to survival in the next technological wave of AI is to train and learn skills that can’t be replaced by robots or AI (software). So, ask yourself whether your skills and job are replaceable?