Creative Clauses: How Artificial Intelligence is Transforming Contracts
The rise of generative artificial intelligence (AI) tools is revolutionizing how contracts and partnerships are structured, particularly in the tech sector. This was highlighted at a recent event hosted by Alicante Port Innova, where legal experts Borja García Rato and José María Espinosa from Summons discussed these emerging challenges.
Adapting to Change with Creative Clauses
The integration of AI in business processes has sparked unprecedented legal questions:
- What is the fair cost of a service reliant on AI?
- Can partners be prohibited from uploading sensitive company data to tools like ChatGPT?
In response to these challenges, legal experts advocate for "creative clauses" that tailor contracts to the fast-evolving landscape, protecting both businesses and their stakeholders. García Rato emphasized the importance of understanding a company’s business model and the dynamics of partner relationships, which are increasingly blurred between clients and providers.
A Legal Framework Still in Progress
While the European AI Regulation establishes risk levels and transparency guidelines, specific rules for contract use remain underdeveloped. For instance, García Rato referenced the technical complexities of enforcing clauses that prohibit the use of proprietary information in AI systems without direct agreements with companies like OpenAI.
Balancing Innovation and Accountability
Espinosa stressed that businesses need to identify potential risks and their impacts early, ensuring preventive measures are in place. He reassured that the key is not alarm but proactive action, highlighting the necessity of balancing automation with accountability.
Conclusion
AI is driving significant changes in contracts and partnerships, prompting companies to adopt innovative legal solutions. At the forefront of these transformations, Summons offers expert guidance, ensuring businesses are equipped to navigate this uncharted terrain confidently.
To delve deeper into this topic, visit the full article on Alicante Port Innova.
