A woman sues her insurance company for terminating her disability benefits. They reach a settlement and agree that the suit will be dismissed with prejudice.

She decides she doesn't like the settlement and asks her lawyers to reopen the case.They say they can't: it was dismissed, and in the settlement she agreed not to reopen the case.

She asks ChatGPT if her attorneys are lying to her. It says they are. She fires them and continues pro se, advised by ChatGPT.

CharGPT generates legal arguments for reopening the case, which she files, and 21 more motions, a subpoena, and eight other notices and statements, which she files.

The court denies her motion to reopen the case.

Advised by ChatGPT, she files a new suit against the insurance company and submits 44 more motions, memoranda, etc., which include citations to nonexistent cases.

Now the insurance company has sued OpenAI for tortious interference with their settlement contract.

🍿

https://storage.courtlistener.com/recap/gov.uscourts.ilnd.496515/gov.uscourts.ilnd.496515.1.0_1.pdf

@mjd on LinkedIn I saw a breathless post about how the professionals of the future are using autonomous agents to do all this magic....

Then I come back here for a reality check

@krupo It's an interesting time. Many of the successes are overstated. So are many of the failures. Nobody knows how it will shake out in the end.
@mjd @krupo it will be a financial bubble pop, followed by what we will call 'the AI recession,' then limited, appropriate use. the shit is the dot com and GFC playbook all day.
@mjd @krupo that MIT article demonstrated 5% of AI implementations are profit making. 95% are loss making. so when the investment goldrush mania ends or winds down, 95% of invested amounts will be wiped out. it's billions so it will have a disruptive and negative economic effect that I think we will likely experience as recession. and then that 5% of profit making implementations will be what carries forward, with further investment being modelled on those (anyone can do that right now).
@falcennial @mjd @krupo
Looking to the foreseeable future, the AI boosters (especially those using AI to write their "opinions") will blame the bubble-burst on the Trump-Bibi War (no, they can't escape the blame) and *it's* crash.
How much are Darien Scheme share certificates worth these days?