Tag Archive for: due diligence
Social Media and Conventional Media: Sometimes There’s No Difference
I always like to ask professionals, no matter their industry: “What’s a good screening question to see whether someone in your profession may be competent?”
In the case of someone who does investigations, I regularly advise that if…
What Languages Can Your Investigator Speak?
I think we can all agree that the more languages you can speak, the better off you will be, all other things being equal. AI instant translation is a great invention, but who wouldn’t want to be able to read a case or a newspaper article in…
The Courage to Investigate and Leave AI Behind
There was a letter awhile back in Barron’s that said, “Lawyers look backward to precedent. Innovators assiduously look forward and avoid precedent. The two mindsets are antithetical.”
The letter was about why lawyers at the SEC can’t…
How Imaginative is Your Investigator?
If investigation simply meant following people around or pulling information off easy-to-use databases, an investigator would not need a ton of imagination.
But tough cases can turn on an investigator thinking, “I should be seeing X…
Google and AI are Still Not Substitutes for Thinking
Back in 2011 we wrote that Google is not a substitute for thinking, after Google Chairman Eric Schmidt said in an interview that Google aims to “compute the right answer” to questions typed in by users rather than just provide links.
Now…
Open or Shut? Assets Hidden in Bank Accounts
PROBLEM:
A couple had seven different bank accounts when they were married, but the wife never kept close tabs on them. Now the husband is using money from a joint account that the wife doesn't realize is still open.
SOLUTIONS:
Bank…
The Hallucinating AI Assistant
Would you want someone working for you who regularly hallucinates on the job? If I ran an ad agency, I might want such a person. Maybe he could dream up a series of ads in which a guy and an emu run around telling people about insurance.
But…
Putting Outrage Aside
There is no shortage of outrage in the world. I suspect it’s always been like this, but it was harder to share it with everyone else before most of us started making instant movies of our lives, to be distributed to millions for almost no…
The Perils of AI Investigation – Don’t Get Caught in a Doom Loop
A great piece by Ted Gioia https://lnkd.in/eQxZ5yJ7 about the dangers of looking backward only. This is what AI does, and if you're not careful, living only by algorithms can plunge you into a doom loop.
I've written consistently that generative…
Due Diligence: Waiting One Week Could Save You Millions
Sometimes in business, there is a tendency to act now before an opportunity passes you by. Hire the candidate before they get away; commit $2 million to the syndicate by Friday or lose the deal.
What sometimes gets lost in the desperation…
