There’s a potential financial crisis brewing in AI infrastructure. 40% of Wall Street investments are flowing into AI data centers. The power grid can’t support the demand. Investors with no infrastructure expertise are making big FOMO bets. And some investors are getting nervous.
Yet law firms are rushing into AI adoption and buying without due diligence, without evaluating the risks and without contingency planning. If investors start pulling the plug and legal tech fails, the ability to meet deadlines, among a whole lot of other things, will be compromised.
We pride ourselves on due diligence for clients. So why are so many firms buying AI tools without thinking about vendor finances or contract terms?
Here’s part four of the series from Melissa Rogozinski and I for Above the Law on the potential volcano eruption of GenAI and its consequences.