Book contents
- The Cambridge Handbook of Private Law and Artificial Intelligence
- Reviews
- The Cambridge Handbook of Private Law and Artificial Intelligence
- Copyright page
- Dedication
- Contents
- Figures
- Table
- Contributors
- Acknowledgements
- Abbreviations
- Introduction
- 1 AI for Lawyers
- 2 Computable Law and AI
- Part I Law of Obligations
- Part II Property
- Part III Corporate and Commercial Law
- 18 Corporate Law, Corporate Governance and AI: Are We Ready for Robots in the Boardroom?
- 19 Financial Supervision and AI
- 20 Financial Advisory Intermediaries and AI
- 21 Competition Law and AI
- 22 Sales Law and AI
- 23 Commercial Dispute Resolution and AI
- 24 Insurance Law and AI
- 25 Securities Regulation and AI
- 26 Employment Law and AI
- Part IV Comparative Perspectives
- Index
23 - Commercial Dispute Resolution and AI
from Part III - Corporate and Commercial Law
Published online by Cambridge University Press: 21 March 2024
- The Cambridge Handbook of Private Law and Artificial Intelligence
- Reviews
- The Cambridge Handbook of Private Law and Artificial Intelligence
- Copyright page
- Dedication
- Contents
- Figures
- Table
- Contributors
- Acknowledgements
- Abbreviations
- Introduction
- 1 AI for Lawyers
- 2 Computable Law and AI
- Part I Law of Obligations
- Part II Property
- Part III Corporate and Commercial Law
- 18 Corporate Law, Corporate Governance and AI: Are We Ready for Robots in the Boardroom?
- 19 Financial Supervision and AI
- 20 Financial Advisory Intermediaries and AI
- 21 Competition Law and AI
- 22 Sales Law and AI
- 23 Commercial Dispute Resolution and AI
- 24 Insurance Law and AI
- 25 Securities Regulation and AI
- 26 Employment Law and AI
- Part IV Comparative Perspectives
- Index
Summary
On AI-assisted adjudication, concerns including biases (such as automation bias, anchoring bias, contrarian bias, and herd bias) and ethical worries (such as human adjudicators ceasing to be decision-makers, excessive standardisation of decisions, and the fact that judges may be pressured to conform to the AI’s predictions) can be addressed. Adjudicators may use AI to assist them in their decisions in three aspects: training and implementation; actual use; and monitoring. Because AI will not be able to provide the legal justifications underlying its predictions, the human adjudicator will have to explain why the AI-generated prediction is legally justified. AI will not replace adjudicators.
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- Publisher: Cambridge University PressPrint publication year: 2024