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Transcript of Legal Infrastructure
Why did humans invent law?
What are our great challenges?
Does law need reinventing?
How can we reinvent legal infrastructure to support solutions to our great challenges?
Why Humans Invented Law and How to Reinvent It for a Complex Global Economy
Not so much
Private space travel
AI & Robotics
Technology Science Politics
Can we invent..?
A way for small traders in poor countries to grow on global markets?
A way for everyone to reliably ensure all claims/disputes are resolved in accordance with law, quickly and cheaply?
AI to regulate AI?
Effective, inexpensive global relationship management tools?
A way for those excluded from globalization's gains to participate and benefit?
Could anyone trust anyone anywhere in the world?
Could everyone feel like they mattered when the rules are being made?
Could data be 100% secure?
Could everyone feel safe?
Could everyone enjoy a good standard of living and feel dignified and valued?
"Things that looks impossible"
Could we build robots that learn how to
navigate human laws and norms?
Do business with anyone in the world?
Even if robots are doing all the work?
"How might we think about this differently?"
"You have to start over"
The world wide web
for legal services
1. Change the conversation
2. Don't leave it to lawyers
3. Change the rules
4. Catalyze and fund research
5. Invest in legal innovation
The future will need rules
How are we going to build them?
1.5 hours paid in 8 hour day for lawyers in small (1-12 lawyer) practice
Percentage of people with legal help
The 80% tax on legal help
4 billion people
Social impact investors
Legal Infrastructure of the Democratic Nation State
Specialization and the division
Video of this slide