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AI: Chat with regulations

Is it possible to chat with regulatory documents?

The short answer is yes.

In today’s fast-paced world, technology is making it easier to handle complex tasks. One such breakthrough is using AI to chat with regulatory documents. This tool simplifies the way professionals interact with intricate rules and regulations.

With AI technology, it’s now possible to interact with regulatory documents as if you’re having a conversation. You can ask specific questions and receive clear answers along with references from the document itself. This is a big step in making complicated regulations more accessible.

How does it work?

The process is quite straightforward. First, the regulatory text is converted into a digital format that the AI can understand. This is known as an embedding.

When you ask a question, the AI turns your question into a similar digital format. Then, the AI compares your question with the regulatory text and finds the most relevant part to answer your question. It’s like the AI is picking out the best part of the document that matches what you’re asking about. The sections of the regulation it uses are given as references for your answer.

Who is this for?

The use of AI to chat with regulatory documents is particularly beneficial for several professional groups, each facing unique challenges that this technology helps to solve.

This includes:

  • Compliance officers who need to make sure their company follows the rules.
  • Environmental consultants who work with many environmental regulations.
  • Legal experts who interpret and apply these documents in their work.

It makes accessing and understanding complex regulatory information much easier.

Which software offers chats with regulations?

Several platforms offer to chat with regulations – either directly or indirectly:

  • ValueFlow: This platform specializes in AI chats focused on regulations.
  • ChatPDF: Allows uploading of regulatory documents for a chat-based question-and-answer session.
  • ChatGPT: Known for its versatile AI, it also lets users upload documents to get relevant answers.

Conclusion

The ability to chat with regulatory documents using AI is a significant development for professionals. It streamlines the process of understanding and applying regulations, saving time and improving accuracy. As AI technology evolves, we can expect even more tools that simplify complex information processing.

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