£10m fund could make ideas like 'robolawyers' a reality
A £10 million innovation fund has been unveiled to'lay the groundwork' for a future of flying cars and ethical robot lawyers. Business secretary Greg Clark has today (5 October) announced the 15 winning bidders for the government's Regulators' Pioneer Fund. The cash will be given to UK regulators to help drive forward innovation in the public sector and help it seize long-term opportunities like the growth of AI and the future of mobility. A £700,000 grant has been given to the Solicitors Regulation Authority to help the development of AI legal services for small businesses – dubbed'robolawyers'. The SRA's chief executive, Paul Philip, said AI services could widen access to legal services.
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£10m fund could make ideas like 'robolawyers' a reality
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