This year’s summer festival was all about the rapid developments in the field of Generative Artificial Intelligence
AI is a key technology and we see it as our task to make it fully accessible to the legal and tax industry. To do this, we are bringing our global technological power to Austria. And I am particularly pleased that this is also seen and valued by business and politics.
Susanne Mortimore, CEO of LexisNexis Austria
Vienna (OTS) – On June 19th LexisNexis invited people to the annual summer party in the MQ Libelle above the rooftops of Vienna. This year, the event was dedicated to the rapid developments in the field of Generative Artificial Intelligence and their impact on the legal, economic and tax worlds.
Finance Minister Brunner, Economics Minister Kocher and Finance City Councilor Hanke, who unfortunately could not be there live that evening, acknowledged the achievements of the LexisNexis authors via video message, and underlined the importance of LexisNexis as an enabler of new AI technologies for the business location and the legal sector. and tax industry in Austria.
In her speech, Susanne Mortimore, CEO of LexisNexis Austria, emphasized the outstanding achievements of the authors present and the immense importance of this specialist content as a foundation for daily legal and tax practice as well as case law in Austria, but above all the importance of this expert content for existing ones and future digital solutions. She announced a “game changer” for the visibility of these works: LexisNexis International is at the forefront of the global development of Generative Artificial Intelligence, the technology behind ChatGPT. According to the International Monetary Fund, AI will transform 60% of all jobs in Austria. Susanne Mortimore:”AI is a key technology and we see it as our task to make it fully accessible to the legal and tax industry. To do this, we are bringing our global technological power to Austria. And I am particularly pleased that this is also seen and valued by business and politics.
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Andreas Geyrecker, Director Product, explained LexisNexis’ specific plans. The company has already launched a GPT-like AI assistant called Lexis+ AI in the US, UK and France, and is working hard to make this technology accessible to the Austrian legal industry. Geyrecker emphasized that LexisNexis attaches great importance to safety and responsibility for all products, especially AI, and already meets the requirements of the EU AI Act. The Lexis+ AI Insider program was also announced, which offers ongoing updates and background information on AI in the legal and tax industry. Free access is available at Lexis.at/Insider.
Kathrin Hagenauer, Director Content, spoke about the impact of AI on specialist content. She looks forward to entering this new era together with the authors, in which specialist content can be made accessible in a faster, broader and more precise form. At the same time, she emphasized the need to observe the legal framework for the use of AI in content. LexisNexis works closely with an external team of specialists led by lawyer Dr Axel Anderl, who is known as a renowned AI expert and is an author himself.
At the end there were culinary delicacies, cocktails and a candy bar in wonderful weather. DJ Leo provided musical entertainment until late into the warm summer night.
Questions & Contact:
LexisNexis Verlag ARD Orac GmbH & Co KG; +431534521725 – presse@lexisnexis.at