A Response to an AI skeptic
A friend of mine is an AI skeptic, and raised some profound points against the tech. (He is a really smart guy). I am posting my responses to his questions and doubts. You can derive his questions from the answers I gave. Hope you get another insight into the AI tool. (Sorry for the length). --------------- Thanks for a very thoughtful reply. This is exactly the kind of thinking we need around Ai, not fanboy cheerleading. *Five ideas.* -Concrete, non-theoretical âreal worldâ use Iâve put through the fire -AI psychosis / atrophy risk (using it as a crutch) -Hallucinations, bad training data, and âhow do you ever trust it?â -Surveillance, profiling, and âbuilding a map of meâ -The human element: letters, art, connection, and why I still write my own stuff *What Iâve actually used it for: Youâre absolutely right: one real test beats a thousand hot takes. Here are a few categories where I do use ChatGPT as a co-pilot; not theory, actual work that hit the real world: *Deal / document drafting (then lawyer and counterparty reviewed) What I asked it to do, take my rough bullet points and turn them into: -Non-disclosure agreements -Letters of intent -Term sheets -Board briefs and explanation memos *How I implemented: -I give it - the parties, the structure, the economics in plain language -Non-negotiables, like âpartner equity cannot be diluted below X%â It drafts a first pass - I rewrite, tighten, and throw away anything that smells off. Then it goes to - my lawyer, the other sideâs lawyer, the actual counterparty for negotiation. *Real-world result- -Documents were accepted as starting points. -Lawyers focused on genuine edge cases instead of billing ten hours to produce boilerplate. -We got to âpaper everyone can signâ in fewer iterations. Gap vs expectation: AI wasnât âmagicâ. It didnât see political landmines or hidden subtext. It did accelerate the grunt work and gave me more cycles for strategy and relationships. So: not âAI closed a nine-figure deal.â Itâs âAI drafted the scaffolding so humans could focus on the stuff that actually blows up deals.â