Joseph Raczynski - Futurist - Digital Transformation

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Feel free to reach out for technology presentations, consultations, or engagement on digital transformation, operations, and customer success.

Contact: Joseph Raczynski

Contact

CREDIT:

Pictures taken from various press outlets and event PR.

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Gallery: Joseph Raczynski

Gallery

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Quotes: Joseph Raczynski

Media Quotes

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Presentations: Joseph Raczynski

The Impact of AI on Legal & Corporate Business

60 Mins

Artificial Intelligence has devoured our attention recently. Since OpenAI released ChatGPT in November of 2022, every industry is grappling with its impact. Beyond ChatGPT, people are working to understand AI and how it may affect how we work, learn, interact together, and live. In this presentation, we do a deeper dive on the following:

• An Explainer: What is AI and why it is it becoming so important?

• Briefly outline various components of AI – in plain language

• Delve into Generative AI - LLMs (Large Language Models and Multimodal AI)

  • Discuss the primary applications being used:

  • OpenAI and ChatGPT

  • Google Bard

  • Zoom Summary

  • Microsoft Copilot

• What are the near and long-term impacts?

• How can we better understand this space for our internal and external customers

Breaking Down AI - The Underlying Language and Technology of Artificial Intelligence

60 Mins

AI is the buzziest of buzz words these days. It pops up in almost every legal technology discussion as well as how lawyers’ practice and how law firms operate. The question is, do we really understand how AI works? This discussion will break down everything about AI for all parties, from uncovering the current state of AI in Legal to understanding how AI works behind the scenes in the industry. We will have an open forum around the following topics:

• Current State of Technology

• Artificial Intelligence

• Technology

• Practice

• Difference between NLP & AI?

  • Sentence Diagrams?

  • Different linguistic levels & how we analyze and model them

  • Words

  • Phrases

  • Sentences

  • Discourse/conversation

Exponential Technology & Artificial Intelligence

60 Mins

Data explosion is all around us. In order for humans to be expert in something over the next several years they will need tools to augment what they know to make better decisions. In this discussion you will get a better understanding of what is happening around us with technology and what impact it will have on the Legal Landscape. We will dive into the following subject areas:

• Exponential Technology

• The Tide of Worldwide Technological Change

• Law Firm Impact from Exponential Technology

• Disruption

• Who are the players - what impact they may have on law firms?

The Metaverse and the Dawning of Asset Tokenization and Digital Contracts

60 Mins

Are you ready for this? Probably not, but please bear with me, because the legal implications will be enormous.

Imagine, if you will, a world resembling our physical one, but completely virtual, immersive, colorful, all-encompassing one with land, rivers, houses, farms, people, animals, full cities, stores, businesses, concerts, and everything else contained in our physical world. Sauntering down a bustling city street, minus the smells, is as easy as walking on a moon that orbits an earthlike place. Platforms with full replication of our physical world are being built through a wearable device to create this Metaverse. You may ask, why? That seems ridiculous! Fourteen years ago, before the iPhone launched, we didn’t imagine the myriad of things we could accomplish by simply touching a piece of glass faced tech today. It would have been a leap of faith to see where we sit now. This is that next leap.

In the Metaverse, people will interact, transact, have ownership of assets, have relationships, build things and companies, create IP, have copyright issues, advertising, crimes may happen, insurance will be developed, and a massive host of other IRL (In Real Life) things that all will require legal to be involved. Not to mention the scaling of DeFi (Decentralized Finance) which has begun. Clearly this is a burgeoning market. While I have been engaged in this space for several years, the publication of a white paper by ReedSmith on the Metaverse underlined its importance for the legal industry. This was shared with me earlier in the year prior to publication. It is a worthy read if you wish to continue down the rabbit hole.

• Understanding the Metaverse

• The underlining technology shift

• Legal implications

• Opportunity and Risk

DeFi, NFTs, and DAOs - FinTech & LegalTech Collide

60 Mins

How much would you pay for this “hoodie” jpeg, picture to the left? Nothing? Maybe $20?

It was free to anyone who wanted him a CryptoPunk (#7129) in 2017. Well, it sold six months ago for $100,000. Now it is valued at $1,000,000. One of the reasons the NFTs (Non-Fungible Tokens) are becoming very expensive is because institutions are now investing in them – seen as the future of unique contractual digital art ownership. The financial world is on the precipice of significant change and these are just the early days of how legal will be involved.

DeFi (Decentralized Finance) is moving the needle on porting all things from our current financial paradigm to a code based model with greater transparency and governance.

In this discussion we talk about:

• DeFi

• NFTs

• DAOs

• The legal impact of new contracts built on code

Future Work - Preparing Now for the Landscape in the Decades Ahead

60 Mins

In this talk, I look into the crystal ball and see how technology will transform our lives over the next 50 years. Breaking down the major themes we all shall encounter.

• Geopolitical dynamics

• Artificial intelligence and emerging technologies

• Data, ethics and trust

• Our changing environment

Cryptocurrency - Everything You Need to Know in Legal

60 Mins

Financial technology, as manifest in the world of cryptocurrencies, is becoming a bigger part of everyone's lives, both personal and professional. Information professionals need to be able to understand and communicate effectively the following

• How these technologies work

• What are the impacts on banking and securities law and regulation

• The short, intermediate and long term implications for commerce in general.

In addition, it is vital that all legal professionals have a deeper understanding of the these technologies so that they can identify career opportunities. Information professionals need to be able to move beyond the theory of these technologies and understand the practical application of them so that they can better do research in relation to financial technologies and cryptocurrencies.

Emerging Technology

60 Mins

The world is moving at an exponential rate. In fact, by 2040 it is predicted that you will be able to buy a $1,000 computer which can process as fast as the brains of all 9 billion people at that time. Imagine the change that will occur to legal documents, search, and workflow with this power. All of this technological progress will absolutely have an impact on the Legal business. In this presentation you will see what effect the major emerging technologies will have on law firms. We will have an open forum around the following topics:

• Artificial Intelligence (Cognitive Computing)

• Blockchain Technology & Digital Identity

• Data Analytics

• Workflow Solutions

• VR/MR/AR

Blockchain

60 Mins

It is predicted that Blockchain technology will impact nearly every industry in a dramatic way over the next several years. What initially began as the underlining technology behind Bitcoin has boomed into something that the top 50 banks in the world are embracing to improve efficiency, security and transparency in the market. There is little doubt that law firms will be early in the adoption of this technology to better automate process and provide better services to their clients. The Smart Contract is the first area that will be leveraged in this space. In this presentation you will see what effect Blockchain technology and the Distributed Ledger will have in Legal. We will have an open forum around the following topics:

• What the Heck is Blockchain?

• Why are we seeing this occur now?

• What is Happening Now for Law Firms in this Space?

• Where will Blockchain take off in the Legal Industry?

• What the Future May Look like with Blockchain?

Blockchain 2.0

60 Mins

Blockchain has been talked about the last several years as a hypothetical. It is now being used. In this discussion, we will cover what Blockchain is and how it is starting to creep into the Legal landscape. The initial focus is on the state of blockchain in Legal. We will also touch on some of the seminal concepts with Blockchain including encryption, smart contracts, permissioned blockchains and DeFi. Lastly the conversation will discuss specific industries that Blockchain is starting to disrupt. We will have an open forum around the following topics:

• Quick Recap of How Blockchain Works

• Breaking Down Encryption

• Blockchain 2.0

• Timeline and growth of the industry

• Regulation

• State of Blockchain in Legal

• Enterprise Blockchain

• Smart Contracts

• Different Industry Impacts

  • Auto

  • Supply Chain

  • Port Security

  • Real Time Tax

• Future of Blockchain

These are presentations are offered globally. Please reach out for pricing.

Digital Identity

60 Mins

In an increasingly more complicated world filled with Fake News, organizations are threatened nearly every day by hackers and with the pilfering of our personal and private information from organizations like Facebook, controlling our identity is of the utmost importance. And with the coming deluge of applications and IoT devices, identity is the foundation for how we will interact with each other and these intelligent devices. As the Legal Industry adjusts, what impact will this new form of identity have on eDiscovery, transactional and general litigation? The changes ahead to the legal world, as we redefine what it is to be - electronically, will be immense.

• The Pending Crisis of Identity

• Discuss the Forms of Identity

• Tokenization & Future of Identity

• Legal Implications

• Definitions around what identity will look like from a legal perspective and how that impacts both the business and practice of law.

Fundamentals of Cloud Computing

60 Mins

The 21st Century has yielded a fundamental change in computer technology: the cloud. This technology is near-ubiquitous in today’s world and increasingly an inexorable part of how lawyers do their jobs. Not exclusive to an IT department, the cloud as a concept is one that is fundamental to many aspects relevant to attorneys. In this presentation you will learn about what consists cloud computing, how the law treats cloud computing, and how lawyers use the cloud by discussing the following topics:

• The Cloud as a concept

• Public v. Private Clouds

• Single Tenant v Multi Tenant Hosting

• “as-a-service” models of cloud technology

• Financial and Security Concerns of the Cloud

• Data Privacy Challenges

• US laws governing cloud technology

The Legal Platform & APIs

60 Mins

With the proliferation of thousands of LegalTech start-ups around the world, all focusing on various components of solving issues with the business or practice of law, the movement is to a Legal Platform. The integration of hundreds of tools into a seamless interface and leveraging APIs is the future. This enables security, interoperability, and workflow management. The walls of legal providers are coming down, so you can work better, faster, and smarter. In computer programming, an application programming interface (API) is a set of subroutine definitions, communication protocols, and tools for building software. How will law firms, corporations and government agencies leverage these new platforms and integrations for their own success?

• The current state of LegalTech

• What is a Legal Platform?

• Digging deeper - what the heck is an API?

  • ​Examples in the World

  • Legal Examples

• The importance and direction of APIs and Legal Platforms

• What this means to you

Innovation

30 Mins

Law firms are innovating how clients are served simultaneous with the legal industry undergoing multiple transformations in the years since the 2008 Recession. This is due to macro-level changes in the legal industry, exponential advancement in technology, and reflections of these realities in the ABA Model Rules of Professional Conduct. This CLE surveys the entirety of this topic, identifying some of the multiple definitions and manifestations of “innovation” conceptually. This CLE discusses the following topics and their impact on the legal industry:

• Industry data chronicling post-Recession innovation strategies and resulting financial effects

• New legal services business models and legal service delivery methods

• The role of data analytics and legal technologies

• Innovation efforts regarding the ABA and state model rules of professional conduct.

• Takeaways for attorney workflows

Cybersecurity & Dark Web

60 Mins

We are all aware of, and probably have experienced first-hand, the effects of an unwanted data breach. Maybe you were forced to change an online password, acquire a new credit card number or you lost important files corrupted by malware. At best, these incidences have been hassles. At worst, entire identities and fortunes can be compromised.

Now, consider your law firm and its clients. What effects would a data breach have on the work-product, attorney/client privilege and financial stability of these organizations?

• Status of law firms, corporate, and in-house security

• Actions to mitigate security risks

• What is happening for Clients & Law Firms, Corporations and In-house?

• What are the biggest threats?

Presentations

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Podcast

Podcast: Joseph Raczynski

Wireless Power

2020

Wireless power will illuminate lights and charge your devices without, yes, wires. Using electromagnetic waves, our smaller, and later larger components, will no longer require cords plugged into the wall for power. It will start with phones and smaller everyday devices and later grow to lights, larger screens, and move onto the electric car.

Drones

2020

You will be receiving small packages via drone at your house. Certainly by this year these devices will fill the sky with photographers, capturing impressive angles previously only caught by helicopter or plane. These quad-copters will eventually be utilized by delivering emergency goods like a heart defibrillators or rescue buoys to those in need. When the highways in the sky are regulated for drone traffic later in the 2020's, shipments will be a common occurrence.

Digital Currency

2025

There will be a world currency – Bitcoin or like cryptocurrency. With the blockchain revolution about to take hold on a massive scale, which is the creation of secure, transferable assets via the internet, one key aspect will be the "privatization" of money. Both government agencies and private institutions can both create value using a 'tokenized' system based on blockchain technology. So you will eventually see a "Digital Dollar", or likely China, Russia or Iran doing this first. A company or a government agency will create a digital asset that can be sent around the world with easy in seconds, for low-no fee, and likely without using a bank - but could be far more traceable than cash, depending on how the currency is initiated.

Autonomous Vehicles

2025 - 2035

Your car insurer will incentivize you to NOT drive your car as driverless cars dominate. Starting in the cities first, slower ride-shares will allow for the picking up and dropping off of people by cars without drivers. On the highways you will see larger trucks without drivers delivering goods across their respective continent.

In 2035 it will be illegal for humans to drive. At this point, statistics will prove out that humans make far more errors when driving and on some roads, it will be illegal for humans to operate the cars without computer assistance. For those people that enjoy their driving, designated tracks and roads will be available - more for sport and leisure.

Cable Companies

2025

Cable TV will not exist. As content becomes digitized through a multitude of outlets, control over how people receive this content will expand. Creative individuals will begin to create professional content to be consumed by anyone globally via mobile devices and eventually virtual reality headsets. The options for content will only expand and decentralize the traditional model as next generation access 5th Gen comes into play.

Power Companies

2025

Massive power companies will be almost unnecessary – sub stations will reign. If you live in a sunnier than not area, your roof will be a cheap power source. Your home will get a batter to store the energy earned throughout the day. Increasingly roads will also supply cheaper power to cities and towns around the world.

Law Firms

2025

Many of the Am Law top 200 law firms will no longer exist. Considerable consolidation of law firms will likely happen in the 2020's. As technology takes hold and some firms do not adjust by leveraging newer, cheaper, and more efficient means, their best practice areas will be picked up and the other portions might fade away.

Higher Education

2030

A significant number of traditional colleges will no longer exist. As online learning takes flight, having the multitude of ever dollar skyrocketing universities and colleges around the world will be seen as less attractive and valuable. The ability to bottle lectures by the best teachers online, at a fraction of the cost, because of scale, will dominate. It is only a matter of time when people elect to stop paying significant sums of money for the colleges of yesteryear.

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Predictions: Joseph Raczynski

For Fun - Based on Years of Observations, Data Analysis, & Research - Predicted in 2015

Future Trends