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AI-enhanced smart contracts exhibit a high degree of autonomy in their ability to create and execute transactions between and among humans and machines. AI should allow a broader use of of marts contracts in consumer transactions by allowing businesses to satisfy consumer protection law through the coding of smart contracts. AI should be used to advance the principles of fairness and economic efficiency in the drafting and enforcement of smart consumer contracts.
This chapter contains the second part of book’s study on cloud computing contracts.
The chapter examines how general contract law, as defined in the chapter, will likely apply to the use of cloud computing services. This chapter focuses on terms that are often considered standard in cloud agreements. The analysis includes terms aimed at keeping information confidential, non-disclosure agreements, terms regarding liability, warranties, and other terms and conditions aimed at regulating or limiting responsibility. Additionally, the chapter considers terms aimed at termination of services, portability and other provisions necessary for exiting services.
In addition to offering an evaluation of specific contract terms, the chapter also evaluates how governments might create better cloud computing contracts to generate more consistent and compliant results.
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