large language model Archives - 成人VR视频 Institute https://blogs.thomsonreuters.com/en-us/innovation-topics/large-language-model/ 成人VR视频 Institute is a blog from 成人VR视频, the intelligence, technology and human expertise you need to find trusted answers. Wed, 11 Dec 2024 16:58:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 2024 Reflections: Top Innovation Highlights From 成人VR视频 /en-us/posts/innovation/2024-reflections-top-innovation-highlights-from-thomson-reuters/ Wed, 11 Dec 2024 10:59:55 +0000 https://blogs.thomsonreuters.com/en-us/?post_type=innovation_post&p=64149 成人VR视频 closed out 2024 with thousands of corporate, legal, tax, audit and accounting customers focusing on the year鈥檚 theme: generative AI and innovation. They convened at SYNERGY 2024, the premier annual technology conference for professionals, for eight days of product and innovation announcements, thought-leadership insights and networking opportunities. Below are 2024 product and innovation highlights plus a sneak peek of what鈥檚 to come in 2025.

成人VR视频 President and CEO Steve Hasker shared a state of the industry outlook, noting generative AI is as disruptive and transformative as previous technology shifts yet is happening even faster. He emphasized what differentiates 成人VR视频, including investments the company is making in generative AI to enable professionals to accelerate and streamline entire workflows and deliver more value for clients. 听

Hasker said 成人VR视频 has invested more than $200M in AI in the last year. He discussed the company鈥檚 vision to provide each professional it serves with an AI assistant; the launch of CoCounsel 2.0, which generates answers three times faster than the previous version; and new work with Microsoft on autonomous agents to increase revenue, reduce costs, and scale impact for customers.鈥

Tax, Audit & Accounting听

鈥淎I is not just changing the landscape of accounting, it’s reshaping it.鈥 That was the message from Elizabeth Beastrom, president of Tax & Accounting at 成人VR视频.

While the profession sees AI as a game-changer to help them work differently, tax and accounting professionals also continue to wrestle with the perennial challenge of a talent shortage. This, combined with escalating complexity and more tax regulations, as well as changing client expectations, leaves tax professionals in need of a critical solution.

成人VR视频 sees the potential of AI to help alleviate these challenges by augmenting human capabilities. Automating mundane, time-consuming tasks will enhance efficiency for tax professionals, helping them reclaim time to channel into higher value tasks. 成人VR视频 is working to bring the power of generative AI, machine learning and automation into its solutions in the following ways:

  1. Saving time in tax preparation:

Coming in beta during the upcoming busy season, 成人VR视频 will launch an AI-assisted tax preparation experience to increase firm efficiency. The solution combines the power of CoCounsel, 成人VR视频 professional-grade generative AI assistant, with workflow automation and software integrations. It supports the delegation of data gathering to simplify mundane tasks and automate tax preparation. 成人VR视频 research shows that customers using this solution will save at least two hours per 1040 tax return on average.

2. Supporting firms鈥 growth with advisory:

As client expectations continue to evolve, they鈥檙e increasingly looking to their accountants as trusted advisors. Firms of all sizes are focusing on growing their advisory practices to help bring their clients additional value, as well as supporting their growth. In 2025, the 成人VR视频 Advisory Solution will combine the power of CoCounsel and Checkpoint content to identify advisory opportunities. Advisory services are integrated directly into a firm鈥檚 practice, with technology empowering junior staff to take on higher-value advisory work and seasoned professionals to move beyond technical expertise to value-added synthesis.

鈥淚t helps firms build their advisory practice with confidence to deliver unprecedented value to meet clients鈥 evolving needs,鈥 said Nancy Hawkins, vice president of Product Management, Research.

3. Transforming audit efficiency:

Halving sample sizes, boosting efficiency and sharpening the focus on high-risk areas are all at the heart of 成人VR视频 Audit Intelligence Analyze solution, which launched in October. Further functionality will be coming in 2025 as it expands the Audit Intelligence suite capabilities. 鈥楾est鈥 will support with automating substantive testing with dynamic transaction tracing, while 鈥楶lan鈥 will harness full data populations with cutting-edge analytics for superior risk assessment. Both will launch with beta programs next year, along with the addition of CoCounsel to the Audit Intelligence suite.

All three solutions 鈥 Review Ready, 成人VR视频 Advisory Solution and the Audit Intelligence suite 鈥 will be further enhanced with 惭补迟别谤颈补鈥檚 generative and agentic AI capabilities.

Corporates

Laura Clayton McDonnell, president of the Corporates segment, shared how enterprise technology, including AI and generative AI, is revolutionizing the profession with innovative and emerging solutions. She emphasized that companies are taking a streamlined and proactive approach to addressing risk and compliance across the enterprise, while driving towards their business goals, will maintain their competitive advantage. Clayton McDonnell also shared how organizations are using solutions including ONESOURCE Pagero, CoCounsel Core, Legal Tracker, Checkpoint Edge with CoCounsel and CLEAR to solve challenges and realize value for their business.

In addition, Ray Grove, head of Corporate Tax and Trade, 成人VR视频, highlighted the company鈥檚 efforts to build a seamless, integrated compliance network, and Kevin Appold, vice president of US Public Records, 成人VR视频, shared how the company鈥檚 risk and fraud solutions play a critical role in the convergence of compliance and commerce. Also, Valerie McConnell, senior director of CoCounsel Customer Success, discussed how CoCounsel is transforming the general counsel鈥檚 office.

Legal

A highlight from the Legal Professionals segment included an in-depth look at the 成人VR视频 2025 AI product roadmap from David Wong, chief product officer; Mike Dahn, head of Westlaw Product; and Valerie McConnell, senior director of CoCounsel Customer Success. They outlined upcoming generative AI features and innovations to support legal professionals, including deeper integration of CoCounsel 2.0 in Westlaw and Practical Law plus generative AI research features including Claims Explorer, Mischaracterization Identification in Quick Check and AI Jurisdictional Surveys.

Legal SYNERGY attendees also participated in interactive sessions and CLE courses on advanced prompting techniques, the science behind large language models, and optimizing generative AI for tasks like drafting and legal research. Sessions offered attendees a comprehensive view of the future of AI in law.鈥

SYNERGY 2024 also included several customer panels and executive briefing sessions. Watch the Innovation Blog for highlights from these sessions and for 2025 product and innovation highlights.

]]>
Responsible AI implementation starts with human-in-the-loop oversight /en-us/posts/innovation/responsible-ai-implementation-starts-with-human-in-the-loop-oversight/ Wed, 28 Aug 2024 13:01:37 +0000 https://blogs.thomsonreuters.com/en-us/?post_type=innovation_post&p=62810 As vice president of Responsible AI and Data at 成人VR视频, I’ve had a front-row seat to the rapid evolution of artificial intelligence (AI), particularly in the realm of generative AI (GenAI). The past year and a half has seen unprecedented advancements in this field, with the allure and potential capabilities of large language models (LLMs) taking centre stage for business leaders and society at large.

GenAI technology has proven its readiness, but pressing questions now revolve around ethics, and governance. As companies rush to implement AI solutions, it’s vital we consider how we implement AI.

Keeping humans in the loop is a key aspect to our strategy employed in our responsible AI practice at 成人VR视频. Human-in-the-loop is critical at every stage: design, development, and deployment. For instance, we require developers and product owners to include the details of their human oversight process in the model documentation template. Post-deployment, teams are dedicated to human-in-the-loop training and monitoring.

Human involvement is also crucial when considering the AI models performance, including tracking model drift and overall performance metrics. We have hundreds of advanced subject matter experts review the outputs of our AI systems. User feedback, gathered through human reviewers, helps ensure that our models continue to perform as intended.

Beyond improving the technical aspects of AI systems, keeping humans in the loop serves another vital purpose: it reassures our workforce that they remain critical to the company’s success. As we navigate the AI future, it’s important to remember that every technological advancement throughout history has required us to strike a balance between human skills and new tools. AI is no different. By keeping humans in the loop, we can leverage the strengths of both human intelligence and AI, optimizing our processes while maintaining the critical elements of human judgment, creativity, and ethical oversight.

It’s not just about making our AI systems more accurate or reliable, it’s about creating a future where technology enhances human capabilities rather than replace them. That’s the kind of responsible AI implementation we should all strive for.

For more on the importance of responsible AI and human-in-the-loop review, check out my interviews in and (subscription required).

]]>
Five Reasons I鈥檓 Thrilled Safe Sign Technologies Is Joining 成人VR视频 /en-us/posts/innovation/five-reasons-im-thrilled-safe-sign-technologies-is-joining-thomson-reuters/ Wed, 21 Aug 2024 15:10:21 +0000 https://blogs.thomsonreuters.com/en-us/?post_type=innovation_post&p=62729 I鈥檓 excited to welcome the Safe Sign Technologies team and technology to 成人VR视频! The acquisition of Safe Sign Technologies, a UK legal large language model (LLM) startup with a team of world-class AI experts and early-stage language models, could not be a better fit.

Below are five reasons this acquisition is a boon for our customers across all professions as we scale this technology across the 成人VR视频 portfolio.

  1. LLMs are helping legal professionals conduct research more quickly and effectively, and Safe Sign Technologies brings expertise in training and developing specialized LLMs. Safe Sign Technologies has developed two legal specific LLMs. Based on our internal assessment, we believe Safe Sign鈥檚 models have demonstrated industry-leading performance across a number of domain-specific evaluations. By combining their early-stage technology and their expertise with our existing internal efforts, we hope to significantly accelerate our continued evolution as a content-enabled technology company.
  2. We expect Safe Sign Technologies will help 成人VR视频 realize our CoCounsel vision even faster. CoCounsel is founded upon our ability to combine our data, expertise, and trusted content with cutting-edge technology. We expect this acquisition to help accelerate our ability to provide our customers with a professional grade AI experience through CoCounsel 听鈥 our genAI assistant 鈥 that enables professionals across industries to accelerate and streamline their workflows.
  3. Alexander Kardos-Nyheim, Dr. Jonathan Schwarz and their team are strong additions to 成人VR视频. Co-Founders Alexander Kardos-Nyheim and Dr. Jonathan Schwarz built the Safe Sign Technologies team with top law and AI professors and researchers from Cambridge, Oxford, MIT and DeepMind. They have a world-class team comprised of tenured professors, AI scholars, mathematicians, coders and influential business leaders. Their mix of domain and technical expertise brings a highly unique perspective to the development of technology, which perfectly aligns with our content and technology strategy.
  4. This is good news for 成人VR视频 customers. Specialized language models have the potential to significantly increase the speed and accuracy of genAI applications. The accuracy of AI models, including LLMs, is dependent on the quality of content that they are trained on. We believe bringing together Safe Sign鈥檚 expertise and approaches to training LLMs with 成人VR视频 trusted content and insights will help us deliver greater accuracy, quality and performance from our AI solutions that will continue to drive benefits for our customers.
  5. This deepens our relationships with the academic and AI research communities. Safe Sign developed their AI system using cutting-edge and nascent research paradigms enabled by their strong academic connections.听Safe Sign focuses on deep-learning research with a particular emphasis on data-centric methods. As a result of this acquisition, we will be furthering our investments in the integration and development of these early-stage specialized language models, deepening our relationships with the academic and AI research communities, while continuing our听ongoing investments in building AI skills across our product portfolio.

Read the press release for more about this exciting acquisition and please join me in welcoming the Safe Sign Technologies team to 成人VR视频.

]]>