Scott Stevenson's banner

Scott Stevenson

@scottastevenson • 23,132 subscribers

AI for Contracts: @SpellbookLegal

Shorts

People do this kind of thing when they feel they are experiencing reality at a high frame rate. It does not feel risky to hold a laptop by a corner if you feel like you have an “agency frame” every half second. It feels risky if you have an “agency frame” every 60 seconds. You’d be betting that a hand you do not have control over for 60 seconds will keep gripping. Our conscious frame rate can vary dramatically throughout the day, and it’s hard to perceive the difference because we can only sample ourselves at our conscious frame rate, we can’t oversample ourselves. People drunk drive because they fail to perceive their slower frame rate. Their frame rate feels normal because it matches their sample rate. But we do get a subtle sense of when we’re “switched on”. Everything seems to go easier, everything feels less risky and more easy to correct. A lot of people toward the autistic side of the spectrum are experiencing reality very granularly with a “high agency frame rate”. This is why their social interactions can seem overly forced and awkward, they can be bad at dancing, etc—because they are exerting conscious control over their body and language at very tight intervals—you get a sense that they are extremely “self aware” and not “letting go”. “Letting go” in the social sense is actually about reducing your agency frame rate. That’s why alcohol is good for socializing and bad for driving. With a reduced agency frame rate our speech and body language feels more natural, less forced. More like we are flowing with the social group mind rather than being an island of constant awkward agency.

People do this kind of thing when they feel they are experiencing reality at a high frame rate. It does not feel risky to hold a laptop by a corner if you feel like you have an “agency frame” every half second. It feels risky if you have an “agency frame” every 60 seconds. You’d be betting that a hand you do not have control over for 60 seconds will keep gripping. Our conscious frame rate can vary dramatically throughout the day, and it’s hard to perceive the difference because we can only sample ourselves at our conscious frame rate, we can’t oversample ourselves. People drunk drive because they fail to perceive their slower frame rate. Their frame rate feels normal because it matches their sample rate. But we do get a subtle sense of when we’re “switched on”. Everything seems to go easier, everything feels less risky and more easy to correct. A lot of people toward the autistic side of the spectrum are experiencing reality very granularly with a “high agency frame rate”. This is why their social interactions can seem overly forced and awkward, they can be bad at dancing, etc—because they are exerting conscious control over their body and language at very tight intervals—you get a sense that they are extremely “self aware” and not “letting go”. “Letting go” in the social sense is actually about reducing your agency frame rate. That’s why alcohol is good for socializing and bad for driving. With a reduced agency frame rate our speech and body language feels more natural, less forced. More like we are flowing with the social group mind rather than being an island of constant awkward agency.

1,808,759 views

Underrated side-effect of AI: we are about to get a cambrian explosion of new games for retro consoles Took me 5-6 prompts to make a working game with music in assembly on SNES We’ll see “Steam for Super Nintendo” before the decade is out.

Underrated side-effect of AI: we are about to get a cambrian explosion of new games for retro consoles Took me 5-6 prompts to make a working game with music in assembly on SNES We’ll see “Steam for Super Nintendo” before the decade is out.

331,838 views

60% of contracts filed to the SEC contain mistakes. Spellbook Labs ran 60,000 pages of contracts from 500+ public companies through AI to answer a question: How often do human lawyers hallucinate? Accidents from self-driving cars get headlines—and they should. But human drivers have a higher accident rate. We wondered if something similar might play out in contract drafting. Reviewing 100 page contracts line-by-line is inhuman. Mistakes are inevitable. AI is very good at spotting issues like missing definitions and broken section references. There are risks to using AI in law. But we also need to ask: what is the risk of *not* using AI review as a second set of eyes? In the full report we show: 1. Top 10 public companies with the cleanest contracts 2. Error rates across industries (Media and Telecom were highest) 3. Error rates over time (we're not getting better!) 4. Error rates by contract type and length ... and a bunch more. Congrats IBM for having the cleanest agreements. 📌 Read the report here:

60% of contracts filed to the SEC contain mistakes. Spellbook Labs ran 60,000 pages of contracts from 500+ public companies through AI to answer a question: How often do human lawyers hallucinate? Accidents from self-driving cars get headlines—and they should. But human drivers have a higher accident rate. We wondered if something similar might play out in contract drafting. Reviewing 100 page contracts line-by-line is inhuman. Mistakes are inevitable. AI is very good at spotting issues like missing definitions and broken section references. There are risks to using AI in law. But we also need to ask: what is the risk of not using AI review as a second set of eyes? In the full report we show: 1. Top 10 public companies with the cleanest contracts 2. Error rates across industries (Media and Telecom were highest) 3. Error rates over time (we're not getting better!) 4. Error rates by contract type and length ... and a bunch more. Congrats IBM for having the cleanest agreements. 📌 Read the report here:

52,771 views

Videos

Anya Rossi

sweetdream.ai

SweetDream.ai•Sponsored•Livecam

Watch Anya Live

Anya is streaming live right now! Join her private show and enjoy exclusive content.

Exclusive private shows

1.2k viewers online

Private Show

Join now for exclusive access

Free preview available • Premium content

Introducing SuperAstra: Edit Super Nintendo games live with GPT-6 One of my favorite ways to test new models has been reverse engineering classic games. This is hard because it's raw machine code. Astra is way better than anything I've seen. Download and examples below 👇

Introducing SuperAstra: Edit Super Nintendo games live with GPT-6 One of my favorite ways to test new models has been reverse engineering classic games. This is hard because it's raw machine code. Astra is way better than anything I've seen. Download and examples below 👇

Scott Stevenson

1,231,234 views • 8 days ago

Cursor for contracts is here. Announcing Spellbook's new AI document editor. Doc editing for lawyers is disjointed: you can edit with AI in chat, but then need to "Open in Word" to make manual tweaks without breaking formatting. Alternatively you can use a Word add-in like Spellbook's, but this only allows you to work on one document at a time. For a long time, Mitch and I talked about getting to a real "Cursor for Contracts" experience. With a lot of blood and sweat, we're finally there. Spellbook's new editor combines the best of AI editing and manual editing in one place—while fully supporting rich Word formatting that lawyers rely on. Ask AI to make edits across an entire document set, then review, accept and tweak all in one window. This sounds like a small thing, but the reduction in friction has totally changed my document editing workflow.

Cursor for contracts is here. Announcing Spellbook's new AI document editor. Doc editing for lawyers is disjointed: you can edit with AI in chat, but then need to "Open in Word" to make manual tweaks without breaking formatting. Alternatively you can use a Word add-in like Spellbook's, but this only allows you to work on one document at a time. For a long time, Mitch and I talked about getting to a real "Cursor for Contracts" experience. With a lot of blood and sweat, we're finally there. Spellbook's new editor combines the best of AI editing and manual editing in one place—while fully supporting rich Word formatting that lawyers rely on. Ask AI to make edits across an entire document set, then review, accept and tweak all in one window. This sounds like a small thing, but the reduction in friction has totally changed my document editing workflow.

Scott Stevenson

57,123 views • 1 month ago

This is the first time I felt a game engine demo cross the uncanny valley

This is the first time I felt a game engine demo cross the uncanny valley

Scott Stevenson

1,312,682 views • 2 years ago

Today we're launching Spellbook's biggest thing yet: Autonomous Contract Management It’s the first end-to-end AI infrastructure for contracts The world is speeding up. We are in one of the biggest investment cycles in decades. Behind every rocket launch, FIFA game, and datacenter, lies a web of hundreds of agreements. Agreements are the invisible threads that allow us to work together. We have infrastructure for finance (Stripe, Ramp), eCommerce (Shopify) and many business functions. But agreement infrastructure is lacking. This creates a painful bottleneck on our ability to work together. Online purchases take milliseconds. But agreements still take weeks. CLMs were supposed to be the answer, but were designed in a pre-AI era. AI fundamentally changed how computers can accelerate agreements. Spellbook is the most used AI contract review tool in the world, with ~5,000 customers in 80 countries Now we are expanding to deliver the first end-to-end, AI native stack for contracts. From the moment a deal lands in your inbox, to the day it renews years later, Spellbook’s AI supports teams every step of the way, across all business teams. It runs 24/7. While you sleep, it's reading the deals that came in overnight, flagging the parts that actually need a lawyer, and clearing the busywork that used to kill mornings. Nothing gets handed off between systems or slips after signature, and the intelligence stays with you for the life of the contract. AI for lawyers is great. There are 20 million lawyers in the world, and many are our users. But there are billions who touch contracts. We're excited to help everyone move faster and do more of what they love, by building the best AI-powered contract infrastructure in the world. Get early access:

Today we're launching Spellbook's biggest thing yet: Autonomous Contract Management It’s the first end-to-end AI infrastructure for contracts The world is speeding up. We are in one of the biggest investment cycles in decades. Behind every rocket launch, FIFA game, and datacenter, lies a web of hundreds of agreements. Agreements are the invisible threads that allow us to work together. We have infrastructure for finance (Stripe, Ramp), eCommerce (Shopify) and many business functions. But agreement infrastructure is lacking. This creates a painful bottleneck on our ability to work together. Online purchases take milliseconds. But agreements still take weeks. CLMs were supposed to be the answer, but were designed in a pre-AI era. AI fundamentally changed how computers can accelerate agreements. Spellbook is the most used AI contract review tool in the world, with ~5,000 customers in 80 countries Now we are expanding to deliver the first end-to-end, AI native stack for contracts. From the moment a deal lands in your inbox, to the day it renews years later, Spellbook’s AI supports teams every step of the way, across all business teams. It runs 24/7. While you sleep, it's reading the deals that came in overnight, flagging the parts that actually need a lawyer, and clearing the busywork that used to kill mornings. Nothing gets handed off between systems or slips after signature, and the intelligence stays with you for the life of the contract. AI for lawyers is great. There are 20 million lawyers in the world, and many are our users. But there are billions who touch contracts. We're excited to help everyone move faster and do more of what they love, by building the best AI-powered contract infrastructure in the world. Get early access:

Scott Stevenson

80,384 views • 2 months ago

Spellbook has raised a $50m Series B led by Keith Rabois at Khosla Ventures. Since 2022 we've grown rapidly to 4,000 law firm and in-house legal customers including Nestlé, eBay and Kennedys. We aim to be the best way to draft and review agreements with AI—Cursor for contracts 🧵

Spellbook has raised a $50m Series B led by Keith Rabois at Khosla Ventures. Since 2022 we've grown rapidly to 4,000 law firm and in-house legal customers including Nestlé, eBay and Kennedys. We aim to be the best way to draft and review agreements with AI—Cursor for contracts 🧵

Scott Stevenson

172,378 views • 11 months ago

Some legal AI companies are sponsoring athletes. Others are sponsoring actors. Spellbook is sponsoring lawyers. We’re proud to launch Spellbook’s $1m Legal Fellowship Fund. We're supporting law students who want to work at the intersection of law, systems thinking and technology. My co-founder Daniel knew he wanted to change the practice of law early, but that seemed insurmountable until we found an angel investor. We want to pay it forward to the next generation of legal innovators. Please help us spread the word! Apply here: Deadline for Fall 2026: July 15.

Some legal AI companies are sponsoring athletes. Others are sponsoring actors. Spellbook is sponsoring lawyers. We’re proud to launch Spellbook’s $1m Legal Fellowship Fund. We're supporting law students who want to work at the intersection of law, systems thinking and technology. My co-founder Daniel knew he wanted to change the practice of law early, but that seemed insurmountable until we found an angel investor. We want to pay it forward to the next generation of legal innovators. Please help us spread the word! Apply here: Deadline for Fall 2026: July 15.

Scott Stevenson

30,993 views • 3 months ago

Spellbook has more customers than Harvey and Legora combined, and is hitting cashflow positive months while growing fast. What is our unique angle in the market? This clip by Keith Rabois is a good summary:

Spellbook has more customers than Harvey and Legora combined, and is hitting cashflow positive months while growing fast. What is our unique angle in the market? This clip by Keith Rabois is a good summary:

Scott Stevenson

17,737 views • 4 months ago

Devin for Legal is coming This is the first sneak peak of Spellbook's agent It reviews a VC term sheet and starts editing a set of financing documents It's not perfect yet. But it's improving quickly. Agents are about to leap from their GPT2 era to their ChatGPT era.

Devin for Legal is coming This is the first sneak peak of Spellbook's agent It reviews a VC term sheet and starts editing a set of financing documents It's not perfect yet. But it's improving quickly. Agents are about to leap from their GPT2 era to their ChatGPT era.

Scott Stevenson

49,055 views • 2 years ago

Love how Keith Rabois explains why Fortune 1000s are adopting Spellbook Full segment is excellent

Love how Keith Rabois explains why Fortune 1000s are adopting Spellbook Full segment is excellent

Scott Stevenson

14,602 views • 9 months ago

No more content to load