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AI-Infused Contracting and the Problem of Relationality – Is Trustworthy AI Possible?
from Part I - Law of Obligations
Published online by Cambridge University Press: 21 March 2024
AI has the potential to overcome problems concerning the existing approaches to contract drafting, management and implementation, whilst also having the potential to exacerbate these problems. To deal with this risk and to create AI which is trustworthy in relation to contracting, such systems require channelling in a new direction, termed ‘transactional responsibility’. Legal regulation must be structured around the entirety of the socio-technical system which underpins AI.
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