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RE: Leo Talk 5/7/21 - Come Join Our Chat (Part 1)

in LeoFinance4 years ago

I think they could be replaced one day but for that to happen, I think the whole legal system would have to be changed first. I think a complete substitution will take a few decades still but there will be a transition period where lawyers will be relieved of a lot of their attributions.

As an example, this morning I had to get out of my house to get a "verified copy" (I don't know the proper English translation) of some of my documents so I could give them to a lawyer that's taking care of some stuff for me. And it cost me some ridiculous amount of money considering it's a sheet of paper with a stamp on it.

If we had a blockchain with a decent AI for that, I wouldn't even have to leave my bed this morning.

That kind of thing would be replaced in a blink of an eye.

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Yes we would see a lot of things changed about the legal system but technology is starting to change our system, something I question as to whether the law is catching up with or not.

In fact I think it is falling further behind.

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It's definitely way behind.

This data thing is a small portion of what technology is bringing and it already meant a lot of trouble law wise. The gap is enormous

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