Description

Designed for you, if you are...

• Engaged in stakeholder management
• Working in a human resources function
• Involved in a legal role
• Part of a contracts or commercial department

How we build your confidence

• Open dialogue
• Problem solving
• Case studies
• Exercises

The benefits from attending

• Be familiar with the issue of 3rd party verification and what its removal from commercial contracts might mean
• Grasp the scope of AI – what it can and cannot do at present
• Realise the relationship between key contractual components such as force majeure, termination, and the role played by AI
• Grasp the ramifications of contractual breach and the AI interface
• Examine some of the key benefits of AI to negotiation
• Know the issues related to warranties associated with data accuracy
• Realise the potential difficulties for AI associated with cross cultural dealings
• Analyse the potential problems associated with AI and liability/indemnity issues

Topics

• Dealing with contract opaqueness – how do we achieve clarity?
• Eliminating 3rd party verification – a dangerous precedent to establish?
• Eight key factors that determine contractual structure
• Integration and automation – what does the human future look like?
• Other societal impacts of AI – privacy, mental health
• Dealing with evolving legal structures/regulations – the question of governance
• Keeping the Genie in the Bottle - Six critical impacts on the human side of the interface

• The roles and tasks that AI can perform
• What AI cannot do
• The plus side of the equation – harnessing AI capabilities
• The minus side of the equation – skill fade
• Human demotivation, compliance risk
• The critical importance of ‘scope’ – the role of AI
• Class exercise: ‘Subject to Contract’

• Drafting – human and/or AI
• AI and contractual breach
• Class exercise
• AI and damages
• AI and termination
• AI and force majeure
• Class exercise

• The necessity of a human/AI hybrid approach
• Subjectivity vs. objectivity – the human/machine dichotomy
• Self-interest – a potential ‘ghost in the machine’?
• Anticipation and movement – who guides the process?
• AI and ‘trade-off’ behaviour
• AI in overcoming common problems in JV and collective/collaborative ventures
• The major benefits of AI to negotiation

• The five overarching risk management strategies
• Establishing the risk profile of a transaction
• The issue of time and performance guarantees
• Mechanisms for EOTs
• Price, performance and time risk
• Inclusion or exclusion of warranty related to accuracy of data supplied – a loophole to exploit?

• The cultural dimension – differing normative value and belief systems
• Accent and language – communication dimensions
• Bias and AI ‘hallucinations’
• Ethical considerations (i.e. military applications)
• Liability and indemnity
• Compliance issues
• AI and criminal justice/medical diagnosis