Trick or Treat Contracts: Avoiding AI Vendor Horror Stories
· Source: wardandsmith.com
In short
This article provides a comprehensive framework for businesses to evaluate AI tools and vendors, focusing on risk assessment and contract protection. It outlines structured evaluation processes covering data considerations, jurisdictional implications, technical details, and vendor dependencies. The piece emphasizes the importance of thorough AI impact assessments and strong contractual clauses to mitigate legal, ethical, and operational risks.
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In the issue of week 44, 2025: Agentic AI Drives Unmatched Productivity and Resilience in Supply Chains
Tags: procurement, contracts, compliance, risk, governance, vendors