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Legaltech entrepreneur: Difference between revisions
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This is a smart idea because: | This is a smart idea because: | ||
:(a) it is ''very'' easy to impress a [[general counsel]] with any technology more sophisticated than a pop-up toaster — all you do is say, “it runs on | :(a) it is ''very'' easy to impress a [[general counsel]] with any technology more sophisticated than a pop-up toaster — all you do is say, “it runs on [[blockchain]]”; | ||
:(b) the potential revenue, if you can sell your WordPress installation to any significant participant in the [[financial services]] industry is out of all proportion to the value the software could possibly deliver, but this doesn’t matter as long as the [[general counsel]] thinks it runs on [[blockchain]] and the [[RAG status]] for innovation in the | :(b) the potential revenue, if you can sell your WordPress installation to any significant participant in the [[financial services]] industry is out of all proportion to the value the software could possibly deliver, but this doesn’t matter as long as the [[general counsel]] thinks it runs on [[blockchain]] and the [[RAG status]] for innovation in the ManCo [[deck]] is therefore green, since it will be the lawyers who will get blamed when it turns out not to work; | ||
:(c) almost all [[reg tech]] is just as ropey, being either hastily cobbled PHP that runs on top of Google Docs; or hastily cobbled-together javascript that runs on top of a generic TensorFlow [[neural network]]. | :(c) almost all [[reg tech]] is just as ropey, being either hastily cobbled PHP that runs on top of Google Docs; or hastily cobbled-together javascript that runs on top of a generic TensorFlow [[neural network]]. | ||