Binance’s CZ Proposes Using AI to Simplify Legal Language
Changpeng Zhao (CZ), founder of Binance, has put forward a straightforward but powerful idea: use artificial intelligence to make national laws easier to understand. He points out that legal systems are often “gigantic, patched, added, and intentionally complex.” According to CZ, AI and large language models (LLMs) excel at text processing and could help translate dense legal jargon into plain language accessible to everyone.
He clarified that this isn’t a criticism of lawyers but rather a suggestion that legal expertise could be better applied to innovation instead of untangling complicated legalese.
AI as a Tool for Legal Reform and Clarity
This proposal arrives amid global debates on regulating AI, such as the EU’s AI Act and legislative discussions in the U.S. CZ’s idea flips the conversation from controlling AI to using AI to improve laws themselves. Legal technology companies like Wolters Kluwer are already leveraging generative AI to streamline legal research and document review.
For example, the U.S. tax code exceeds 6,800 pages, and laws like the EU’s General Data Protection Regulation (GDPR) face criticism for being hard to interpret even by those who must comply. AI tools such as Harvey.ai and Wolters Kluwer’s VitalLaw AI help summarize court decisions and simplify contract reviews, saving time and effort.
Research from Stanford’s Human-AI collaboration lab found that AI-generated legal briefs can be as effective as those written by humans, though occasional errors still require human oversight.
Legal Professionals See AI as Part of Their Future
AI is shifting legal work away from routine tasks toward more strategic roles. A 2023 survey by Wolters Kluwer revealed that 73% of legal professionals expect to integrate generative AI into their practices within a year.
CZ highlights the growing need for legal work as technology advances: “There could be 1000 companies building spaceships vs only a couple now. We can test more drugs to cure cancer. Flying cars… All of them need tremendous amounts of legal work.”
While AI boosts efficiency, experienced lawyers emphasize the importance of applying judgment and context to AI outputs. Binance itself has navigated regulatory challenges worldwide and settled with U.S. authorities for $4.3 billion in 2023, underscoring the complexities of legal compliance even for tech giants.
Looking Ahead
AI’s potential to simplify legal language and reduce ambiguity could improve access to justice and help legal professionals focus on higher-value work. However, caution remains essential to avoid overreliance on AI without critical evaluation.
Legal experts interested in integrating AI tools can explore specialized training and courses on Complete AI Training to stay ahead in this evolving landscape.
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