AI is transforming the legal sector, but it can be a law unto itself – Robin AI founder Richard Robinson

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UKTN

Funding, Marketing, Hr, Business, Entrepreneur, Uktech, Investing, Technology, Sales, Entrepreneurship, Tech

5.0 • 6 Ratings

🗓️ 9 October 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Richard Robinson, co-founder of Robin AI, discusses how artificial intelligence has the power to massively transform the legal sector – though not without considerable risks. The CEO explains why people will always be needed despite the rise of automation, how the government can regulate AI without sacrificing innovation, and shares funding advice for startups.

Robin AI is a London-based startup using generative artificial intelligence to automate time-consuming administrative work in the legal sector, such as contract drafting. Robinson co-founded the company in 2019 and it has since raised $16m from the likes of Google and Monzo’s Tom Blomfield. Robin AI’s technology is based in part on the work of Californian AI unicorn Anthropic.

Transcript

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0:00.0	I think AI is the biggest platform shift we've seen since mobile or maybe the internet.
0:11.0	It's going to be part of every product that you can imagine.
0:15.0	Everybody in the office had this wow moment because we knew we were at the beginning of a complete transformation in how legal work was done.
0:28.6	If people use general tools like chat GPT that aren't trained for the law to get advice, it's dangerous.
0:46.0	From the first time founders to the funds that back them, innovation needs different.
0:52.6	Our episode partner, HSBC Innovation Banking, is proud to accelerate growth for tech and life science businesses, creating meaningful
0:55.0	connections and opening up a world of opportunity for entrepreneurs and investors alike.
1:00.8	Discover more at www.h.hsbc InnovationBanking.com slash EN-GB.
1:13.3	Hello and welcome to the UKTN podcast, a weekly chat with the movers and shapers of the UK
1:19.5	tech industry and the destination for all things UK tech related.
1:24.5	I'm your host, Jane Wakefield, and joining me on the podcast today is Richard Robinson.
1:29.4	Welcome, Richard. Hi, Jane. Thanks so much for having me.
1:32.4	Now, Richard, you're the co-founder of Robin AI, which is a platform bringing artificial intelligence
1:37.6	to the legal world, offering what you call an AI co-pilot for legal contracts. And before we get into the nitty-gritty of that,
1:46.5	it's AI is just the conversation de jour, isn't it? Everybody's talking about it. And in terms of
1:52.4	businesses, everybody's either panicking about whether they should have it, how to use it,
1:57.7	or whether they should spend vast amounts of money integrating new systems. So before we
2:02.7	get into what you do, what would your kind of advice be to businesses that are considering
2:07.4	integrating AI into their systems? I'd be looking in earnest. I think AI is the biggest platform
2:14.0	shift we've seen since mobile or maybe the internet, it's going to be part of
2:18.2	every product that you can imagine and every single business in the world needs to be thinking
2:23.7	about this right now. You don't necessarily need to rush to implement things. You've got to try things,
	...

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