Discussion
It gets better and better...
No, not better, that other thing.
> parties will turn to AI to predict what the outcome is likely to be. 'As they are both advised of these outcomes, the parties will feel economic pressure to settle at the level predicted by the machine rather than waiting for a decision'.
@hedders Yep, which is still a more expensive version of my preference for "dispute resolution by best-of-three rock, paper, scissors, to be carried out by the parties' CEOs".
@neil heck, Rock Paper Scissors probably gives you about the same chances of a just outcome as litigation.
Although - bear with me here - trial by combat?
@hedders I originally proposed it as a joke, and then realised that it is actually a bloomin' sensible option, for a fair few reasons:
- faster than arbitration and litigation
- no publicity
- cheaper than arbitration and litigation
- gets the two CEOs together, in a "wait, what?!" environment, which might actually lead to a sensible negotiated outcome
But I failed to start a new centre for dispute resolution promoting it :(
Depends if the combat must be by the CEOs...
@neil If he visits the north west, does he become the master of baps?
@neil clearly this isn't written by anyone who has asked an AI the same question twice, as they'd know that you get three radically different answers
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@neil what I was originally going to say was, "oh dear, did someone let Vos out again?" but actually he's got a point. Arbitration is basically whatever parties agree it to be, and given that any kind of litigation or litigation-like process is basically just a massive throw of the dice *anyway*, it seems entirely plausible that parties to an arbitration would think "well, we can spend five million pounds on a conventional arbitration and take our chances on the arbitrator understanding the case properly and taking proper account of the evidence, or we can let a glorified Magic 8 Ball do it for a tiny fraction of that, and we still just take our chances".