AI Vendor Contracts: Addressing Confidentiality, Data Processing, and Algorithmic Bias Ris

Everywhere we look, every day, we see new AI tools competing for our attention. Whether it is social media or by word of mouth. It is everywhere. Every new product promising businesses more efficiency, cost and time savings. However, most entrepreneurs and procurement teams are failing their organisations by treating AI like a standard subscription service—focusing on uptime and seat counts while completely ignoring the "black box" risks of confidentiality leaks, unlawful data processing, and algorithmic bias. AI is not ordinary software.