With their Discovery of Inference Rules from Text (DIRT) algorithm, Lin and Pantel (2001) made a seminal contribution to the field of rule acquisition from text, by adapting the distributional hypothesis of Harris (1954) to rules that model binary relations such as X treat Y. DIRT’s relevance is renewed in today’s neural era given the recent focus on interpretability in the field of natural language processing. We propose a novel take on the DIRT algorithm, where we implement the distributional hypothesis using the contextualized embeddings provided by BERT, a transformer-network-based language model (Vaswani et al. 2017; Devlin et al. 2018). In particular, we change the similarity measure between pairs of slots (i.e., the set of words matched by a rule) from the original formula that relies on lexical items to a formula computed using contextualized embeddings. We empirically demonstrate that this new similarity method yields a better implementation of the distributional hypothesis, and this, in turn, yields rules that outperform the original algorithm in the question answering-based evaluation proposed by Lin and Pantel (2001).