Lawyers Fooled By OpenAI's ChatGPT's Creative Legal Research Fined $5K
Portfolio Pulse from Ananya Gairola
Two New York lawyers have been fined $5,000 for unknowingly incorporating fictitious case citations generated by OpenAI's chatGPT into their legal brief. The incident highlights the importance of attorney gatekeeping and accuracy in legal filings, as well as the potential risks of relying on AI-generated advice in fields like law and medicine.

June 23, 2023 | 8:31 am
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The incident involving OpenAI's chatGPT generating fictitious case citations raises concerns about the reliability of AI models like Google's AI technology.
The incident highlights the potential risks of relying on AI-generated advice in fields like law and medicine, which could negatively impact the perception of AI models like Google's AI technology. This may lead to increased scrutiny and potential regulatory actions, which could have a short-term negative impact on Google's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The incident involving OpenAI's chatGPT generating fictitious case citations raises concerns about the reliability of AI models like Alphabet's AI technology.
The incident highlights the potential risks of relying on AI-generated advice in fields like law and medicine, which could negatively impact the perception of AI models like Alphabet's AI technology. This may lead to increased scrutiny and potential regulatory actions, which could have a short-term negative impact on Alphabet's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
The incident involving OpenAI's chatGPT generating fictitious case citations raises concerns about the reliability of AI models like Microsoft's Bing AI.
The incident highlights the potential risks of relying on AI-generated advice in fields like law and medicine, which could negatively impact the perception of AI models like Microsoft's Bing AI. This may lead to increased scrutiny and potential regulatory actions, which could have a short-term negative impact on Microsoft's stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50