Why Contracts Matter in Business with Alysha Chand | Ep 193

Yeah, no, for sure.

And I feel like contracts is something like people don't take seriously or they're like, I'll just use chat GPT.

Why do you think that's like a huge issue?

I think it's an issue just because the involvement of AI recently, people see, okay, contracts, I can just use AI for everything because people are using AI for a lot of things.

So when it comes to their contracts, they're like, okay, why don't I just use AI as well?

Yeah.

Like people were not taking it seriously as before.

So when you implement the AI aspect in it, it's like, you know, this is a free service.

A system is doing it for me, an automated system.

So I guess it's accessibility as well.

You often see, like, I see a lot like people on social media that sell like pre-made kind of template kind of contracts too.

Do you think that's useful or there's still like issues with that too?

I think templates, they could be useful.

Some of them are just, a lot of them actually are very generic and every business is different.

So you kind of have to tailor them to your own business.

Yes, you could use a template, but you kind of need to rebuild on that template and know what you're rebuilding on.

Yeah, for sure.

And like there was something you posted recently about like one word changes like the entire contract.

I think it was like and or or.

Can

you share a little bit about that

too? Because I thought that was so like important.

Yeah.

Yeah.

So going through contracts when I'm making lists, cause in a contract you often make lists rather than just a whole paragraph to make it cleaner.