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AI and Legal Issues

In: Economics and Law of Artificial Intelligence

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  • Georgios I. Zekos

    (International Hellenic University)

Abstract

Al technologies affect the center of private autonomy and its limits, the notion of a contract and its interpretation, the equilibrium of parties’ interests, the structure and means of enforcement, the effectiveness of legal and contractual remedies, and the vital attributes of the legal system of effectiveness, fairness, impartiality, and predictability. The increasing global investments in blockchain technology justify a progressive regulatory adaptation to the altering materiality and so, civil liability and the insurance sector are required to amend and govern an ever-more pressing techno-economic evolution. It is worth noting that adapting existing rules to deal with the technology will need an understanding of the various manners robots and humans respond to legal rules. A robot cannot make an instinctive judgment about the value of a human life. It is argued that the automation of legal services is a manner to enhance access to justice, diminish legal costs, and upgrade the rule of law, which means that these improvements are a democratization of law. There is a shifting role of artificial intelligence in the legal course.

Suggested Citation

  • Georgios I. Zekos, 2021. "AI and Legal Issues," Springer Books, in: Economics and Law of Artificial Intelligence, edition 1, chapter 0, pages 401-460, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-64254-9_10
    DOI: 10.1007/978-3-030-64254-9_10
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