Currently, just 16 percent of mergers or acquisitions involve the use of generative AI. But early adopters are beginning to use models that are built in-house or by contracted programmers to source deals and sift through thousands of legal documents in minutes. Developers can create most models in just a couple of days.
And generative AI is accelerating at a pace we’ve never seen before in the tech space. “Knowledge work is being replaced by generative AI,” says Skip Howard, CEO of computer vision and AI company Spacee. “It’s not there today, but it’s moving so fast it will literally be there tomorrow.”
Source: How Generative AI Will Change the Way M&A Deals are Done – D CEO Magazine