What if we had the ability to automatically negotiate agreements based on various context available when the transaction is being completed? What do I mean by “context?”. Here’s a few examples:

• because you’re a repeat customer I might offer an agreement without certain clauses that I would require of a new customer
• I might offer you a lower price if you choose to forego indemnification in certain situations
• based on the fact that you’re a male I don’t have to give you clauses regarding dangers to pregnancy
• customers might be able to shop based own agreement terms rather than just price, shipping cost, etc.

In short, agreements could be generally less complex because they would not have to cover every conceivable problem.

will contracts move from one size fits all (19th century) to the 21st?

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