Image for Article: Analyse this: AI faster at evaluating contracts than human lawyers in Alibaba contest

Article Details

Title
Article: Analyse this: AI faster at evaluating contracts than human lawyers in Alibaba contest
Impact Score
5 / 10
AI Summary (Processed Content)

In a competition between 16 lawyers and an AI program, the AI evaluated legal contracts significantly faster and with 96% accuracy, outperforming the human lawyers alone. However, the highest number of risks in the contracts was identified by a team combining human lawyers and AI, highlighting the value of collaboration.

The AI, based on Alibaba's "Alice" deep learning framework, was trained on nearly 10,000 legal contracts. Participants noted that while AI excels at information retrieval and checking details, human lawyers are better at handling complex, nuanced problems.

The main topics covered are an AI vs. human competition in legal contract review, the superior results of human-AI collaboration, and the capabilities of Alibaba's Alice deep learning model.

Original URL
https://www.scmp.com/tech/innovation/article/3113058/analyse-ai-faster-evaluating-contracts-human-lawyers-alibaba?utm_source=rss_feed
Source Feed
Innovation - South China Morning Post
Published Date
2020-12-09 00:00
Fetched Date
2026-03-04 14:33
Processed Date
2026-03-04 15:05
Embedding Status
Present
Cluster ID
Not Clustered
Raw Extracted Content