JPMorgan Software Does in Seconds What Took Lawyers 360,000 Hours

Hugh Son, Bloomberg, Mar 14, 2017
Commentary by Stephen Downes

Knowledge workers take note: "The program, called COIN, for Contract Intelligence, does the mind-numbing job of interpreting commercial-loan agreements that, until the project went online in June, consumed 360,000 hours of work each year by lawyers and loan officers. The software reviews documents in seconds, is less error-prone and never asks for vacation."

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