ABSTRACT
Artificial Intelligence (AI) is fully transforming business aspects and other legal aspects while creating both a lot of opportunities and also complex regulatory challenges. AI technologies become fully integrated into the decision-making processes, many issues such as lack of transparency accountability and other problematic issues related to legal aspects are huge concerns for the business law. Most focusing part of this paper has to do with the examination of the AI and business law, while focusing in the need for a broader analysis of the cases that concern the business law and all aspects of the regulatory frameworks that would have addressed future risks and also current developments. It evaluates the traditional forms of the learning systems and concludes that traditional forms of the learning systems are way too unpredictable and often operates beyond aspects of human predictions. Having in mind our existing literature this paper will try to analyze many concepts on the legal aspect and business law and also other aspects of regulatory frameworks that will need to be in place for a less risk base and flexible AI governance. In the global economy with many problems and other current difficulties this paper will evaluate ecosystem and its role on the strategic importance on the of AI in business law. As a conclusion part will be evaluated a balanced approach as a base of this paper with the focus on the fundamental basic principles of business law and legal aspects of it and AI.
REFERENCES
Burgess, P. (2021). Algorithmic augmentation of democracy: Considering whether technology can enhance the concept of democracy and the rule of law through four hypotheticals. Springer Nature.
Fenwick, M. (2018). Business and regulatory responses to artificial intelligence: Dynamic regulation, innovation ecosystems and the strategic management of disruptive technology. In M. Corrales, M. Fenwick, & N. Forgó (Eds.), Perspectives in law, business and innovation (pp. 81–105). Springer.
Gordon, J.-S. (2021). AI and law: ethical, legal, and socio-political implications. AI & Society, 36(2), 403–404. https://doi.org/10.1007/s00146-021-01194-0
Jones, L. (2025). Business law and practice. The University of Law Publishing Limited.
Lukings, M., & Habibi Lashkari, A. (2022). Understanding cybersecurity law and digital privacy: A common law perspective. Springer.
Means, B. (2026). The principles of family business law. Cambridge University Press.
Pagallo, U., Corrales, M., Fenwick, M., & Forgó, N. (2018). The rise of robotics & AI: Technological advances & normative dilemmas. In U. Pagallo, M. Corrales, M. Fenwick, & N. Forgó (Eds.), Robotics, AI and the future of law (pp. xx–xx). Springer.
Staffler, L. (2021). Business criminal law: A primer for management and economics. Springer.
Vig, Z. (2023). International business transactions. Budapest University of Technology and Economics.