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ARTICLE · 09 NOVEMBER 2023

Key Elements Of AI-Related Contracts In The Wake Of Emerging Regulations

As Artificial Intelligence (AI) cements its role as a cornerstone of innovation across various sectors, the legal frameworks governing its use are rapidly evolving.

SwitzerlandTechnology

As Artificial Intelligence (AI) cements its role as a cornerstone of innovation across various sectors, the legal frameworks governing its use are rapidly evolving. The landscape is abuzz with legislative developments, such as the proposed AI Act by the European Union and the Biden administration executive order on AI. As lawmakers and industry leaders shape new AI regulations and ethical guidelines, the complexity of AI-related contracts is on the rise. In this article, we'll explore the key elements that your AI-related contracts should include to be as robust as they are compliant.

  • Definition and Scope of AI

AI-related contracts must begin with a clear definition of the AI services or products being provided. Detail the scope of the AI system's capabilities, limitations, and the intended use. Include clauses on transparency, ensuring users are informed about AI interaction and the AI system's capabilities and limitations.

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