NEWS FROM THE FUTURE: The intelligence of negotiation
AI bot successfully negotiates a better deal
Dateline: March 3, 2025 A new era of negotiation has arrived thanks to the ground-breaking work of Silicon Valley start-up ContractBot. The bot, based on OpenAI’s ChatGPT functionality, uses advanced natural language processing, machine learning, and computer vision which enables it to process vast amounts of information quickly and accurately.
Today ContractBot announced that NEGbot has successfully negotiated with a big life insurance provider on behalf of a client to remove certain exclusions from their policy. The client, Jane Smith (name changed), had previously been denied full cover due to a pre-existing medical condition. However, NEGbot was able to demonstrate that the condition was well managed and did not pose a big risk, resulting in the successful negotiation...
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