This recent executive order stresses the importance of artificial intelligence (AI) education for American youth. Understanding and leveraging AI properly is critical to preparing the next generation for the AI-driven economy and workforce. CobbleStone Software's VISDOM® AI, contract artificial intelligence powered by machine learning, offers a unique and practical application of AI. CobbleStone Software's VISDOM+ generative AI presents exciting possibilities for shaping how future professionals interact with and utilize generative AI.
VISDOM AI: Educating the Next Gen for AI Contracts
VISDOM AI is designed to systematically analyze contracts, transforming them from static documents to dynamic data for improved oversight, opportunity identification, and risk mitigation. This powerful AI tool can process both internal and external documents.
While VISDOM AI is primarily built for contract analysis, its capabilities underscore the increasing importance of AI in various professional domains. By understanding how AI is applied in contract management, educators can:
- Illustrate real-world AI applications: VISDOM AI is a tangible example of how machine learning extracts insights and improves efficiency in a critical business function. This can help students grasp the practical value of AI beyond theoretical concepts.
- Highlight the intersection of AI and legal/business processes: VISDOM AI's focus on contract analysis demonstrates the growing integration of AI into legal and business workflows. This can inform educational content related to law, business administration, and technology.
Although VISDOM AI does not currently have a direct application in traditional classroom education, it underscores the transformative potential of AI in many professional fields. As AI continues to evolve and grow, comprehensive tools like VISDOM AI can provide valuable context for students preparing to enter the workforce, even if their specific careers are not directly related to contract management. The ability to interact with AI-powered tools will be an increasingly important skill across various industries.
VISDOM+ AI: Empowering Youth in the AI Era
CobbleStone Software's VISDOM+ generative AI features are designed to streamline contract lifecycles, decrease risks, and optimize contract language and clauses. This powerful tool can generate and refine textual contract content within a specific professional domain.
While VISDOM+ is primarily focused on contract management, its generative capabilities can offer valuable learning opportunities in AI education, including:
- Demonstrating Generative AI in Action: VISDOM+ provides a real-world example of how generative AI can be applied to create and improve complex documents like contracts. This can help students understand the practical applications of this rapidly growing field of AI.
- Exploring AI for Content Optimization: VISDOM+'s ability to optimize contract language and clauses illustrates how AI can enhance clarity, reduce ambiguity, and mitigate risks in professional communication. This can be a valuable lesson for students across various disciplines.
- Understanding AI in Legal and Business Contexts: By focusing on contract generation and optimization, VISDOM+ showcases the increasing role of AI in legal and business operations. This can provide context for discussions on AI's ethical, legal, and practical implications in these sectors.
- Hypothetical Scenario Generation: Educators could use the concept of VISDOM+ to discuss how AI could generate different contract scenarios based on varying parameters, helping students understand the complexities of contract law and negotiation.
- Language and Clause Analysis: The optimization feature could be used to teach students how AI can analyze and suggest improvements to legal and business writing, focusing on clarity and risk reduction.
Key Takeaways
This new executive order underscores the national imperative to cultivate an AI-ready workforce. In this endeavor, CobbleStone Software's VISDOM AI and VISDOM+ generative AI, while primarily designed for contract lifecycle management, offer distinct yet complementary avenues for enriching AI education.
By exploring both the analytical capabilities of VISDOM AI and the generative power of VISDOM+, educators can provide students with a more comprehensive understanding of artificial intelligence's multifaceted nature in professional settings. While focused on contract management, these real-world examples serve as valuable illustrations of AI's broader impact across numerous sectors.
Ultimately, familiarizing future professionals with such AI tools and their underlying principles will be essential in empowering them to participate in and drive innovation in the evolving AI landscape, aligning with the White House's vision for an AI-fluent American workforce.
To learn more about VISDOM, VISDOM+, and other leading contract lifecycle management features, request a free demo of CobbleStone today!
*Legal Disclaimer: This article is not legal advice. The content of this article is for general informational and educational purposes only. The information on this website may not present the most up-to-date legal information. Readers should contact their attorneys for legal advice regarding any particular legal matter.
