Artificial Intelligence in Contracting

The proliferation of advanced AI systems to perform a wide range of tasks previously performed by humans touches many, if not all, areas of life. While other applications have long been at the forefront, the impact on contracting may have been underestimated, particularly as we witness an unprecedented move towards the 'contractualisation' of the digital environment. Contracts are the 'legal lifeblood' of the digital economy - they are ubiquitous, they perform a wide range of functions, and they often have little in common with the notion of contract that has dominated legal debate for hundreds of years. Among other things, they are increasingly automated – negotiated, concluded and enforced by automated means, including advanced AI. We are already seeing the first high-value disputes reaching the supreme courts in various regions of the world. Given the growing importance of contracts entered into on a large scale by automated means, certainty should be provided as soon as possible, ideally not only in national jurisdictions but at a global level. This workshop will bring together leading experts in the field to discuss salient issues arising from the use of AI in contracting, including how legal systems need to adapt, and what to bear in mind when providing legal advice to clients. 

21-22 October 2024, Sky Lounge, Oskar-Morgenstern-Platz 1, 1090 Vienna

Coffee Break

Lunch Break

Coffee Break

Lunch Break