AI-Assisted Legal Document Creation: reducing legal costs for start-ups focused on data-driven technologies in global markets
Meriläinen, Mika (2024)
Meriläinen, Mika
2024
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2024060320229
https://urn.fi/URN:NBN:fi:amk-2024060320229
Tiivistelmä
This thesis examines the use of Artificial Intelligence as an aid in the process of creating legal documents, with a particular focus on its application in international settings. With the help of AI, terms of use are created for the case company Liito Oy's mobile application, which is aimed at the international market. Liito Oy designs and manufactures a device attached to disc golf discs that collects data from throws. This thesis investigates whether a start-up company like Liito Oy, operating in an international market, can reduce legal costs by using AI to prepare terms of use documents.
The methodology of this thesis combines theoretical exploration with practical application, using OpenAI's ChatGPT as a tool to draft the initial versions of the Terms of Use. The documents produced by AI were analyzed and refined through iterative processes. Terms of use written by AI were examined with the legal expert to assess their validity and compliance.
The purpose of this thesis is to promote the discussion about the use of AI in legal document creation processes. The research highlights problems related to the use of AI, as well as opportunities from the perspective of a start-up company.
The methodology of this thesis combines theoretical exploration with practical application, using OpenAI's ChatGPT as a tool to draft the initial versions of the Terms of Use. The documents produced by AI were analyzed and refined through iterative processes. Terms of use written by AI were examined with the legal expert to assess their validity and compliance.
The purpose of this thesis is to promote the discussion about the use of AI in legal document creation processes. The research highlights problems related to the use of AI, as well as opportunities from the perspective of a start-up company.