The accelerating prevalence of Artificial Intelligence is inviting a considerable shift in the traditional considerations prevalent in technology agreements. The multifaceted uses of AI necessitate a comprehensive revisit to numerous types of contracts, such as procurement agreements, data licenses, and customer agreements. The conventional terms and conditions that were once sufficient may now be ill-suited for governing the intricate and unique dimensions of AI use.
Marina Aronchik and Samuel Hartman at Mayer Brown hone in on the sometimes overlooked aspect of technology contracts: the importance of reimagining existing terms. Laws are often slow to keep pace with technological advancements, potentially leading to legal voids for cutting-edge technology like AI. Lawyers, therefore, must shoulder the responsibility of tailoring contracts and setting out governance norms for AI use.
The distinct facets of AI demand a departure from standard tech contract norms, and an adoption of a more comprehensive, forward-thinking approach. As the AI industry continues to develop and mature, the role of legal professionals becomes increasingly indispensable in establishing robust contractual frameworks capable of governing AI’s multifaceted use.
Further insights and context around this topic are available through the work of Marina Aronchik and Samuel Hartman at Mayer Brown.