Summary of Podcast - AI in Regulatory Sector

00:00:00 - 00:30:00

Lexi AI is a platform that helps lawyers and legal experts to speed up the knowledge gaining process, reducing the opportunity cost of time spent observing regulations. The legal industry is seeing increased digital adoption, but there are still some challenges in convincing lawyers to use digital tools. Lexi AI's platform is different from other offerings in that it is designed to make the law more accessible and understandable. The platform offers aggregated knowledge about the law, research platforms, and special formats to help users better understand the structure of the law.

• 00:00:00 Lexi AI is a platform that helps lawyers and legal experts to speed up the knowledge gaining process, reducing the opportunity cost of time spent observing regulations.
• 00:05:00 The legal industry is seeing increased digital adoption, but there are still some challenges in convincing lawyers to use digital tools. Lexi AI's platform is different from other offerings in that it is designed to make the law more accessible and understandable. The platform offers aggregated knowledge about the law, research platforms, and special formats to help users better understand the structure of the law.
• 00:10:00 Lexai provides a digital platform for lawyers to aggregate, interpret, and present official legal text. The platform is reliable, unbiased, and customized to each law firm's specific needs.
• 00:15:00 The video discusses the AI components used in the Lex A.I. platform, which include a machine learning algorithm for analyzing new and updated regulations, and standardized summaries and wallpapers to help people understand them quickly. This is an essential part of the platform's knowledge management process, helping to speed up the process of understanding and managing regulations.
• 00:20:00 Lexi is a company that provides alexa-enabled legal services, in addition to a platform to allow users to create their own summaries of legal documents. The company was founded in May 2021, and has since developed a subscription-based model for revenue generation.
• 00:25:00 The startup is offering subscription models for its AI-powered regulatory solutions, including a student's license and a long-term contract model. The company is currently active in the b2b area, but is looking to expand into other industries in the future.
• 00:30:00 The video discusses the activities of a company that is involved in a variety of different industries, including the regulatory sector. The company is looking for new employees and is also looking for legal and pee experts.