Can AI automatically negotiate contracts?

21 November 2023

My latest article for the BBC looks at how AI can help to negotiate contracts automatically. It's based on a demonstration I saw of a new technology called Luminance Autopilot, which uses artificial intelligence (AI). In the demo, I saw two computers running the software to negotiate a non-disclosure agreement (NDA). The tool is trained on an organisation's repository of previous contracts, so it can learn the terms that the organisation routinely agrees to, and can make edits to terms that are unacceptable. Technologies like this have the potential to free up lawyers to focus on negotiating the clauses or contracts that really need their attention.

This is the second piece I've written about AI recently, following my earlier article about using ChatGPT to create computer code.

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