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08 Mar 2023

Applying artificial intelligence (GPT-3) to contract management

Don't get left behind in the stampede: Learn how to apply AI technology to make your life easier.

Developments in Artificial Intelligence are moving fast. Learn how to apply Natural Language Programming (NLP) to simplify contracts or to extract obligations from existing agreements.

GPT-3 is shorthand for Generative Pre-trained Transformer 3 (GPT-3) and is a NLP model that uses deep learning to produce human-like text. It was developed by OpenAI, a San Francisco-based artificial intelligence research laboratory. An April 2022 review in The New York Times described GPT-3's capabilities as being able to write original prose with fluency equivalent to that of a human.

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