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Smart Contracts, Blockchain, and Artificial Intelligence
from Part VI - Future of Smart Contracts, Blockchain and Artificial Intelligence
Published online by Cambridge University Press: 25 October 2019
Code is not the law. It is used to program the architecture of new (social) objects, such as the smart contracts placed on a blockchain. On the other hand, law is not the code. Both can be conceived as regulatory tools; however, law and codes operate through different modalities. Law will continue to reign supreme, but it should also use its force to require technology to self-regulate following certain principles.Examines the challenge of future technologies, such as advanced Artificial Intelligence (AI), to the way society is structured and the role of democratic government as both legislator and the guardian of the rule of law.
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