Source: BW Legal World

This article from BW Legal World presents insights from legal experts on the current limitations and challenges of using artificial intelligence in arbitration. While AI offers potential benefits such as increased efficiency and cost reduction, experts caution against overreliance on AI systems due to concerns about fairness, transparency, and accountability. The article emphasizes that human judgment remains essential in arbitration to ensure just outcomes and to address ethical considerations.

Experts highlight risks including algorithmic bias, lack of explainability, and the potential for AI to perpetuate existing inequalities. The piece also discusses regulatory uncertainties and the need for clear guidelines to govern AI use in arbitration. It concludes by recommending a balanced approach that integrates AI tools with human oversight, ensuring that technology supports rather than replaces critical legal decision-making processes.