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Artificial Intelligence business law

Artificial intelligence and law

Vladyslav Shcherbatiuk, ME-110i, KNEU

From the pages of books of science fiction writers’, predictions of futurists and guesses of people, artificial intelligence confidently comes into our lives. And the closer the day, when AI will stand on one level of consciousness with people, the more today’s philosophers, lawyers and interested public enter discussions about possible future AI rights, of course the legal part of this question.

First of all, let’s define what is Artificial intelligence.

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Artificial Intelligence

How AI Accelerates the Legal Contract Drafting Process

AI and legal contract drafting process

Artificial intelligence (AI) has changed how we operate in almost every facet of our lives. From digital assistants that anticipate when to order paper towels to cars that can drive themselves, AI is everywhere. Law firms can also benefit from the vast advantages AI offers.

More specifically, the way in which AI changes contracts is especially impressive. Contract management, particularly drafting, can be a costly and labor-intensive process. For people dealing with large volumes of contracts, the drafting process can become a full-time job.

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Artificial Intelligence

Artificial Intelligence and Legal Reality

Volodymyr Machuskyy Sr.

Obviously, a legal reality is different from everyday social life. A legal entity, an artificial intelligence (AI) and the individual as such, in the legal sense, become some conditional concepts – subjects or objects of law.

For example, from the legal point of view, it does not matter the height and weight of the buyer of real estate. The importance is his rights and the legal capacity of the buyer, his property status and financial capabilities.

Hence, AI in the legal sense should be considered through its legal nature, if any. Also, the origin of AI as a subject or object of law is matter.

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