Seth Oranburg (Duquesne University – School of Law) has posted Machines and Contractual Intent on SSRN. Here is the abstract:
Machines are making contracts—law is not ready. This paper describes why machine-made contracts do not fit easily into the common law of contracts or the Uniform Commercial Code for Sales. It discusses three ways to fit machine-made contracts into common law and discusses the challenges with each approach. Then it presents a new UCC Sales provision that uses Web3 concepts like blockchain to certify machine-made contracts in traditional legal systems.