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Changpeng Zhao: We Should Use AI to Simplify Legal Processes
Summary: Binance co-founder Changpeng Zhao stated on social media that we should utilize artificial intelligence to simplify legal processes. He pointed out that laws in most countries are lengthy, complex, constantly amended, and often intentionally made more complicated over time by lawyers. These laws are also often contradictory and difficult for the average person to understand, ...
Binance co-founder Changpeng Zhao stated on social media that we should utilize artificial intelligence to simplify legal processes. He pointed out that laws in most countries are lengthy, complex, constantly amended, and often intentionally made more complicated over time by lawyers. These laws are also often contradictory and difficult for the average person to understand, leading to lengthy debates and lawsuits that can take years to resolve. Zhao emphasized that this is not a criticism of lawyers, but rather a suggestion that their time could be better spent on more productive activities such as facilitating more business transactions, fostering innovation, and driving progress.
