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Advanced artificial intelligence (AI) systems are already being used to enhance our lives and to transform the way businesses operate. Businesses across a broad spectrum of industries are exploring the potential gains offered by AI systems. In fact, the use of AI systems is already widespread in...
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On 23 November 2005, the United Nations General Assembly adopted a new draft convention on the use of electronic communications in international contracting, known as the Draft Convention on the Use of Electronic Communications in International Contracts. The Draft Convention, in a similar...
Persistent link: https://www.econbiz.de/10014171880
In electronic commerce, the most appropriate measure of the time of acceptance of an offer is the receipt of the communication, as electronic communications are virtually instantaneous and allow for quick and efficient error reporting – both factors which militate in favor of placing the risk...
Persistent link: https://www.econbiz.de/10014171881
Bilateral investment treaties (BITs) are an increasingly important component of international investment law. There are currently more than 2,000 BITs involving some 175 countries active around the world. These agreements cover a huge range of industry sectors and business activities. The United...
Persistent link: https://www.econbiz.de/10014153757
Alternative dispute resolution (ADR) systems are becoming a mainstay of legal systems around the world, especially within systems of justice suffering from significant backlogs and delay. While arbitration used to be the bastion of most commercial law disputes, today mediation is more widely...
Persistent link: https://www.econbiz.de/10014154823
Over the next 10 years, the intelligent use of data will become one of the greatest competitive advantages a company can possess. At the same time, the loss or mishandling of data/information is one of the bigger risks facing modern businesses. As consumers become increasingly aware of security...
Persistent link: https://www.econbiz.de/10014157987
On September 7, 2012 the Second Circuit struck a blow for all of those consumers that have been fooled by data pass marketing programs, especially those that contain an arbitration clause hidden within its terms. In the case of Schnabel v. Trilegiant Corp. the court examined the enforceability...
Persistent link: https://www.econbiz.de/10014161924
There is a great deal of buzz surrounding the Internet of Things, which is the notion, simply put, that nearly everything not currently connected to the Internet from gym shorts to streetlights soon will be. The rise of “smart products” such as Internet-enabled refrigerators and self-driving...
Persistent link: https://www.econbiz.de/10014130358