The rise of artificial intelligence (AI) is changing the face of contract law, notably in the areas of contract negotiation and execution. This article explores how AI may affect conventional contracting procedures, emphasizing the opportunities and problems associated with automated contracting. The legal position of contracts created by AI, especially smart contracts, raises important concerns about consumer protection, enforceability, and the subjective nature of some contractual duties as more and more firms use AI technologies. The paper addresses issues with human oversight, the difficulties of integrating AI with current legal systems, and the potential advantages of AI in expediting contract execution and improving efficiency. It also covers the practical challenges of putting AI-driven contract solutions into practice, especially in industries like construction where stakeholder cooperation and regulatory compliance are critical. The results highlight the necessity of an all-encompassing legal framework that takes into account the special features of AI-driven contracts, protecting the interests of both parties and encouraging innovation in contract administration. In the end, this paper promotes a fair-minded strategy that acknowledges the benefits of artificial intelligence in contracting while tackling the inherent difficulties and dangers involved in its application.
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