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submitted 7 months ago by MicroWave@lemmy.world to c/politics@lemmy.world

Less than a month after New York Attorney General Letitia James said she would be willing to seize former Republican President Donald Trump's assets if he is unable to pay the $464 million required by last month's judgment in his civil fraud case, Trump's lawyers disclosed in court filings Monday that he had failed to secure a bond for the amount. 

In the nearly 5,000-page filing, lawyers for Trump said it has proven a "practical impossibility" for Trump to secure a bond from any financial institutions in the state, as "about 30 surety companies" have refused to accept assets including real estate as collateral and have demanded cash and other liquid assets instead.

To get the institutions to agree to cover that $464 million judgment if Trump loses his appeal and fails to pay the state, he would have to pledge more than $550 million as collateral—"a sum he simply does not have," reportedThe New York Times, despite his frequent boasting of his wealth and business prowess.

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[-] PrettyFlyForAFatGuy@feddit.uk 42 points 7 months ago

You cannot rely on a LLM to summarise accuratly

[-] Ashyr@sh.itjust.works 11 points 6 months ago

Plus, that’s not a good task for an llm because its context window would almost certainly be too short.

It would “hallucinate” because it could only “remember” a fraction of the content and then everyone would be all pissy because they used the program wrong.

[-] IphtashuFitz@lemmy.world 8 points 6 months ago* (last edited 6 months ago)

Exactly. There is already one recent case where a lawyer filed a brief generated by an LLM. The judge is the one that discovered the cited cases were works of fiction created by the LLM and had no actual basis in law. To say that the lawyer looked foolish is putting it lightly…

[-] Schadrach@lemmy.sdf.org 4 points 6 months ago

Right, but that's not what we're talking about here - we're not saying "Hey LLM, write a convincing sounding legal argument for X", we're saying "Hey LLM, here's a massive block of text, summarize what you can and give me references to places in the text that answer my questions so I can look at the actual text as part of building my own convincing sounding legal argument for X."

It's the difference between doing a report on a topic by just quoting the Wikipedia article, versus using the Wikipedia article to get a list of useful sources on the topic.

[-] TehWorld@lemmy.world 5 points 6 months ago

But you can use it as a tool to assist. If it finds something actionable, you can confirm the old-fashioned way, by doing the actual reading.

[-] PrettyFlyForAFatGuy@feddit.uk 3 points 6 months ago

until it just makes stuff up, as they have done

[-] CheeseNoodle@lemmy.world 1 points 6 months ago

There are specialized LLMs that (if the document is digitized) will actually cite their references within the data they've been given and provide direct links. It'd still need proof reading as someone would have to check those citations but it would still speed up the process immensley.

[-] TehWorld@lemmy.world 1 points 6 months ago

I’ve used AI. I’ve had it make stuff up or put incorrect info into documents. I’m smart* and read through the document just like these lawyers will**. Saved me TONS of time vs just doing all the specific writing, scanning and summarizing. *citation required **smartness not withstanding

this post was submitted on 19 Mar 2024
779 points (99.0% liked)

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