Can We Trust Robot Lawyers? Assessing the Reliability of Artificial Intelligence
Picture this: You're faced with a stack of contracts, each thicker than your favorite novel. Your eyes are already tired just thinking about reading through them all. Then, like magic, an AI system does it for you in a fraction of the time. Sounds too good to be true, right? Also read: The role of confidence and strategy in contract negotiations Welcome to Artificial Intelligence in Contract ManagementIt’s like having a super-smart, tireless assistant who can whip through paperwork faster than you can say, “Where are you, coffee break?” But here’s the million-dollar question: Can we really trust these digital legal eagles? Let’s dig in and see just how reliable our AI assistants are when it comes to managing contracts. 1. Armageddon: AI vs. humans in contract review Imagine a boxing ring, but instead of a heavyweight champion, there’s an AI on one side and a human lawyer on the other. The challenge? Reviewing a mountain of contracts. Who will…
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