LPM Committee

LPM Committee Facebook Home of the Law Practice Management Committee of the Will County Bar Association.

Is it time for an AI safety marketplace?   thinks so.
09/16/2026

Is it time for an AI safety marketplace? thinks so.

I’m excited to share that today Liquid Compute emerges from stealth with a $15 million seed round. We are announcing pending applications before the CFTC for Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) status to build the first regulated orderbook to trade both cas...

09/01/2026

Appellate Judge Scott Schlegel brings us "“The Judicious Judge's Guide to Generative Artificial Intelligence and Large Language Models.” Interesting...

OpenAI is bringing out a new model it calls Astra that it says rises to the level of a true artificial intelligence, kno...
08/27/2026

OpenAI is bringing out a new model it calls Astra that it says rises to the level of a true artificial intelligence, known in the industry as "General Artificial Intelligence" (AGI).

According to CEO Sam Altman, the company has "not quite" achieved AGI yet, but once it does (2 years?) the model will "think" like a person and do everything that a human could.

We're not just talking about specific skills. OpenAI is talking about the ability to think and reason the way a person could. Research chief Mark Chen says his company is "80% of the way there." Greg Brockman went further, saying that this latest development may be remembered as the moment AGI was created. Some, like Nvidia's Jensen Huang, have been saying the industry cracked AGI in March.

But these predictions are measuring different things. For instance, Huang's bar is an AI that can build and run a billion-dollar company.

Bottom Line: the OpenAI charter says its goal is to create an AI that 'outperforms humans at most economically valuable work.' Not scary at all!

None of these models will launch soon. For now they live inside OpenAI and Nvidia.

Is your AI provider worth $1,000,000,000? Anthropic goes public to test that axiom. Is bigger better?
08/20/2026

Is your AI provider worth $1,000,000,000? Anthropic goes public to test that axiom. Is bigger better?

Anthropic has confidentially submitted a draft S-1 registration statement to the Securities and Exchange Commission

Should Miranda Rights include the phrase: You have the right to an AI Attorney? Well... should it?
05/20/2026

Should Miranda Rights include the phrase: You have the right to an AI Attorney? Well... should it?

If the best lawyers in the business use AI, why won’t the government let it represent you in court?

04/20/2026

What is an "AI Ready" law firm? Should you seek to follow the points in this post from LinkedIn?

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