TL;DR: A contract lawyer who has never worked on an AI or technology deal can still draft a competent, enforceable agreement, but competent is not the same as adequate here. AI and tech contracts raise a specific set of questions, who owns AI training data and outputs, who is liable when an algorithm makes a […]
Tag Archives: AI
10
Sep
Sep
Artificial Intelligence (AI) has become the talk of the town across every industry. From AI in law for drafting contracts to AI-powered medical diagnostics, people are rushing to test its capabilities. At first glance, AI appears to be a blessing – fast, cheap, and always available. However, here’s the critical truth about AI risks: AI […]
03
Jul
Jul
TL;DR: A business uses an AI tool to draft a document, answer a customer query, or generate content, and the output turns out to be wrong, defamatory, or infringing, and now someone has suffered a loss. The instinctive assumption is that the AI company is responsible, since it built the tool. In practice, the business […]
26
Jan
Jan
A contract template looks like a gift. It is free or cheap, it is available instantly, and it looks comprehensive. The same is now true of AI-generated contracts, which can produce a polished, professional-looking agreement in seconds. For a business owner watching costs and moving fast, it feels like an obvious choice. The problem is […]