How is the process of collecting debt changing in the United States, where consumer debt is higher than ever before, and traditional methods of collection are no longer working? As the world’s generative AI market is expected to hit a whopping $1.3 trillion by 2032, it goes without saying that artificial intelligence is a powerful force reshaping entire industries. By automating repetitive tasks, analyzing massive datasets, and tailoring smarter strategies, AI is helping legal teams and debt collectors work more efficiently than ever before.