Research Area:  Blockchain Technology

Abstract:

AI, IoT, and blockchain are disruptive technologies that impact how businesses are operated, contracts are designed, and decisions are made. Legislators and the judicial system are struggling to cope with the fast development of technology and its new scenarios that are not considered by the law. These technologies pose ethical dilemmas which limit the judges’ capability of drawing scientific and consistent decisions. Nevertheless, the business opportunities facilitated by these technologies are revolutionary and already shaping the market. This business vs. ethics and law competition is critical for the survival of any technology and investments poured in its development or adoption. It is thus important and timely to understand how legislators, developers, and businessmen should cooperate to shape the future of these technologies’ corporations and ultimately societies. In this chapter, we try to identify some of the key challenges and opportunities proposed by AI, IoT, and blockchain. We also try to analyze these challenges and draw conclusions.

Keywords:  

Author(s) Name:  Esther Nehme, Hanine Salloum, Jacques Bou Abdo & Ross Taylor

Publisher name:  Springer

DOI:  10.1007/978-3-030-74150-1_4

Volume Information:  pp 67–88

Paper Link:   https://link.springer.com/chapter/10.1007/978-3-030-74150-1_4