Adobe emphasizes that its AI features adhere to strict data security protocols, ensuring customer data remains private and is not used for training AI models.
Lori DeFurio, Adobe's product executive, suggests that conversational AI will replace traditional keyword searching, making document navigation more intuitive.
Adobe has launched the Acrobat AI Assistant, designed to enhance contract management by helping users quickly comprehend and compare contracts.
The AI Assistant is tailored for both businesses and consumers, aiming to simplify the navigation of contracts and improve overall efficiency.
The tool provides clear summaries with clickable citations, allowing users to easily verify information and navigate source material.
Additional features include secure sharing and e-signature requests, streamlining the contract review process for all stakeholders involved.
Consumers can quickly locate important information in various documents, such as leases and mobile plans, enhancing their decision-making process.
This initiative addresses a significant concern revealed by a recent survey, which found that nearly 70% of consumers sign contracts without fully understanding the terms.
The survey also indicated that 96% of technology leaders believe AI will boost employee confidence in managing contracts, with early users reporting a 70-80% reduction in review times.
Users can summarize and highlight important details within contracts, ensuring they do not miss key information.
Despite competition in the AI contract analysis space, Adobe's extensive user base and integration with existing workflows may provide a competitive edge.
As 2025 unfolds, the widespread adoption of AI tools in business is anticipated, with Adobe Acrobat AI Assistant leading the charge.
