Futurist Says Lawyers Will Start Becoming Unnecessary Soon
- 10 years ago
Have you ever wondered how different the world would be if lawyers didn’t exist? Well, according to the futurist Karl Schroeder, the author of hard science fiction novels like his latest book entitled ‘Lockstep,’ society will be able to function without lawyers in the near future thanks to computerized contract systems.
Have you ever wondered how different the world would be if lawyers didn’t exist?
Well, according to Karl Schroeder, futurist and author of hard science fiction novels like his latest entitled ‘Lockstep,’ society will be able to function without lawyers in the near future thanks to computerized contract systems.
Schroeder was interviewed for Episode 106 of the Geek’s Guide to the Galaxy podcast and is quoted as saying: “We’re headed there in about six months in terms of contract law. So if I’m claiming in Lockstep that at some point legal apparatus might be replaced by computerized systems, I’m only barely avoiding being out of date.”
Shroeder says that contract law could become automated through the use of technology like the Ethereum project.
According to their website: “Ethereum can be used to codify, decentralize, secure and trade just about anything: voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind, intellectual property, and even smart property thanks to hardware integration.”
Using block chains, the same technology behind internet currency bitcoin, Ethereum can create smart contracts that exist online so that anyone can check their terms at anytime.
Have you ever wondered how different the world would be if lawyers didn’t exist?
Well, according to Karl Schroeder, futurist and author of hard science fiction novels like his latest entitled ‘Lockstep,’ society will be able to function without lawyers in the near future thanks to computerized contract systems.
Schroeder was interviewed for Episode 106 of the Geek’s Guide to the Galaxy podcast and is quoted as saying: “We’re headed there in about six months in terms of contract law. So if I’m claiming in Lockstep that at some point legal apparatus might be replaced by computerized systems, I’m only barely avoiding being out of date.”
Shroeder says that contract law could become automated through the use of technology like the Ethereum project.
According to their website: “Ethereum can be used to codify, decentralize, secure and trade just about anything: voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind, intellectual property, and even smart property thanks to hardware integration.”
Using block chains, the same technology behind internet currency bitcoin, Ethereum can create smart contracts that exist online so that anyone can check their terms at anytime.