176 | 🪩 📚 In Da Club + Free Prompt Library

In today’s Brainyacts:

1. Law firms and Palantir - will it happen?

2. Inflection’s Pi, the most seamless chat experience

3. Microsoft uses VCRs plus other AI model news

4. The USA AI power grid problem and other AI-related content

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Lead Memo

💪 🏋️ What Law Firm Will Be First to Use Palantir?

Regular readers know that I have been bullish on AI company Palantir for a long time. I am a modest shareholder but I am a true fan boy. Why? Because while many AI companies are creating fancy PowerPoints and telling us what they can do, Palantir has just been heads down working. And now they are - scratch that - their customers are doing the talking about the real impact AI is making in their enterprises.

This is real. It may not be sexy but since when was business operations sexy (sorry to all my legal operations folks out there.)

I am going to highlight one use case you can watch the customer talk about below. It is an investment firm that used Palantir to manage its inbound lead generation ecosystem. Most investment firms are constantly trying to do two things - raise money and deploy money. To do that they need deal flow (deals they will assess whether to invest in or not) and investor flow (people or businesses that want to invest). Because of this, these firms manage many leads - people reaching out to them - and any one of them might be a great fit or not. So they have to evaluate each lead somehow. It has been a semi-automated but laborious process for most firms.

This firm though used AI to take over the ecosystem allowing them to:

1. process more leads

2. in a shorter period of time

3. while adding more context to them (making evaluation easier)

4. and driving the evaluation

5. to communicate with both internal and external parties

I will sum this up - Better. Faster. Cheaper. The trifecta!

For my legal readers, you might be asking - why should I care?

Fair. Here is a very similar use case that most firms have extreme needs in right now - client/matter intake. This process is quite similar not in substance but in the workflow to lead generation of this type.

Imagine deploying Palantir so that all elements for client/matter intake like:

• conflicts

• matter type coding

• client business info

• outside counsel guideline management (if any)

• billing number generation

• and so on

. . . all happening Better- Faster - Cheaper.

Take 4 minutes to watch this video below from yesterday’s AIPCon - A Palantir event highlighting customer wins and use cases.

The Fastest AI-Driven Business Model Pivot using Palantir - Caz Investments

Scroll to 1:11:38 into the presentation. Right after the Panasonic talk ends.

Spotlight

 😊 🤖 Pi - the most human AI chat experience

Inflection AI just updated its model to 2.5. Its flagship (and only) product is Pi.

The latest update to Pi introduces several new features and improvements. One of the most notable additions is the ability to ask more follow-up questions, allowing for more in-depth and nuanced conversations. Additionally, the update includes enhanced contextual awareness, enabling Pi to better understand and respond to the unique circumstances of each user. Other new features include improved language processing, expanded knowledge domains, and more personalized recommendations. Overall, this update takes Pi to a new level of conversational intelligence and user engagement.

If you care about benchmarks and how 2.5 compares to GPT-4, here you go:

USE THE MOBILE APP

While Pi can be accessed via both the mobile app and web versions, the mobile app offers a more seamless and natural interaction experience. With the app, users can talk to Pi directly and receive spoken responses, creating a more conversational and engaging interaction. The web version, on the other hand, currently lacks voice input capabilities, limiting the user's ability to communicate with Pi more naturally. Additionally, the mobile app provides greater flexibility and convenience, allowing users to engage with Pi while on-the-go or in hands-free situations.

TRY PI WHILE IT IS FREE

Both the web and mobile apps are free to use right now. I suggest you try them because Inflection's business model calls for revenue to come from its users, starting with a paid subscription. The company has yet to finalize how much it will charge

8-MIN WALK THRU VIDEO

AI Model Notables

► Massive prompt library and use cases courtesy of Anthropic. Use them with any AI model.

Click here for it.

► Google engineer indicted over allegedly stealing AI trade secrets for China

► Microsoft AI engineer warns FTC about Copilot Designer safety concerns

► Microsoft invokes VCRs in motion to dismiss The New York Times’ AI lawsuit

► Palantir adds General Mills, CBS and Aramark as new AI customers

► Thanks to new AI job seeker tools, LinkedIn’s premium subscriptions boomed in 2023 with $1.7 billion in revenue.

► Meet Ema, a ‘Universal AI employee’ for every business

► Perhaps trying to avoid the Google Gemini debacle, Anthropic proactively releases its system prompt for Claude 3

News You Can Use:

➭ Experts call for legal ‘safe harbor’ so researchers, journalists, and artists can evaluate AI tools

➭ The Utah State Legislature passed an artificial intelligence law that will hold companies accountable if their product is used to deceive consumers but does little to regulate the technology itself.

➭ Amid explosive AI demand, America is running out of power

➭ AI likely to increase energy use and accelerate climate misinformation

➭ US layoffs surged in February to highest level since 2009 — and AI is a big reason

➭ Some teachers are now using ChatGPT to grade papers

➭ Are AI outputs protected speech? No, and it’s a dangerous proposition, legal expert says

➭ Brazil on Verge of AI Regulation: Anatel or ANPD to Govern Future Developments

➭ US Congressmen introduce the Federal AI Governance and Transparency Act

Who is the author, Josh Kubicki?

Some of you know me. Others do not. Here is a short intro. I am a lawyer, entrepreneur, and teacher. I have transformed legal practices and built multi-million dollar businesses. Not a theorist, I am an applied researcher and former Chief Strategy Officer, recognized by Fast Company and Bloomberg Law for my unique work. Through this newsletter, I offer you pragmatic insights into leveraging AI to inform and improve your daily life in legal services.