Disneyland Service For Lawyers Disneyland promotes itself as the happiest place on Earth. But it is not happy simply because it has a collection of entertaining rides and activities. Any showground might have that. Nor is it the particular intellectual property of...
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What does AI understand about the future of tax preparation and compliance? I asked ChatGPT to generate an image of an accountant who is diligent with preparing his tax returns for his clients. Here is what I got. Then I asked for greater tax compliance “Here is...
AI hallucinated citations have been used in a UK tax case. The headnotes promise a wild ride “appellant relied on case law which could not be found on any legal website – whether cases generated by artificial intelligence such as ChatGPT – yes, case law invented...
On 9th November 2023 the ATO has released web guidance in relation to decentralised finance and wrapping crypto transactions. I presented the below example over a year ago at seminars for The Tax Institute, private clients, and in submissions to Treasury. The ATO has...
ChatGPT For Lawyers “The first thing we do, lets [replace] all the lawyers”Another day, another prediction that Artificial Intelligence (“AI”), is going to replace lawyers. As a lawyer who has been building AI for nearly 10 years it seems proper comment. In summary,...
