Evercore analyst Mark Mahaney utilized AI tools, particularly Google's Gemini and OpenAI's ChatGPT, to analyze the Department of Justice's antitrust case against Google. By processing over eight hours of closing arguments, these AI models provided insightful outcomes that closely matched human legal expertise. Mahaney believes generative AI could revolutionize investment strategies during regulatory events and significantly boost productivity within the legal analysis landscape.
"GenAI reasoning may become a table-stakes capability... and certainly can help achieve improved productivity goals for users, enterprises, consumers and Wall Street Internet Analysts!"
"Within 17 seconds, the models generated concise, reasoned summaries and remedy predictions. The output from both AI tools aligned closely with the conclusions of legal experts consulted by Evercore."
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