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Present and Near Future
from Part I - Law of Obligations
Published online by Cambridge University Press: 21 March 2024
Legal technologies using AI-augmented algorithms to translate the purpose of a law into a specific legal directive can be used to produce self-driving contracts, that is, a contract which instead of relying on a human referee to fill gaps, update, or reform the provisions of the contract, uses data-driven predictive algorithms to do so instead. Self-driving contracts are not simply science fiction; not only are self-driving contracts possible, they are in fact already with us.
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