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19 - Visions of Future

Smart Contracts, Blockchain, and Artificial Intelligence

from Part VI - Future of Smart Contracts, Blockchain and Artificial Intelligence

Published online by Cambridge University Press:  25 October 2019

By
Diana Wallis
Edited by
Larry A. DiMatteo ,
Michel Cannarsa  and
Cristina Poncibò
Larry A. DiMatteo
Affiliation:
University of Florida
Michel Cannarsa
Affiliation:
Université Catholique de Lyon
Cristina Poncibò
Affiliation:
Università degli Studi di Torino, Italy
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Summary

Code is not the law. It is used to program the architecture of new (social) objects, such as the smart contracts placed on a blockchain. On the other hand, law is not the code. Both can be conceived as regulatory tools; however, law and codes operate through different modalities. Law will continue to reign supreme, but it should also use its force to require technology to self-regulate following certain principles.Examines the challenge of future technologies, such as advanced Artificial Intelligence (AI), to the way society is structured and the role of democratic government as both legislator and the guardian of the rule of law.

Keywords

Smart contractsAIdemocratic institutionsdigital paradigms
Type
Chapter
Information
The Cambridge Handbook of Smart Contracts, Blockchain Technology and Digital Platforms , pp. 359 - 366
Publisher: Cambridge University Press
Print publication year: 2019

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