We are seeing increased use of AI in the diligence process. It can be used in particular for contract reviews, helping to identify particular clauses that may raise issues, for example, a change of control clause, as well as producing a contract summary. As with all AI, it's important to understand its limits and be aware of risks it may bring – it is not infallible. But used in the right way, with appropriate safeguards, it can be a valuable tool."
20%
of UK consumers have high faith in AI systems
“
Sönke Becker
Germany