Using artificial intelligence in the economic valuation of intellect property assets

Abstract

The global economy is witnessing rapid development, accompanied by the emergence of numerous digital technologies. Transcontinental relationships and the diversity of legal systems, along with the mechanisms they have established to protect and guarantee intellectual property rights, have led to numerous transactions and disputes related to the trading of intellectual property assets. However, with data and information becoming a resource whose importance and value rival other natural resources, these interests have grown. Intellectual capital has become a fundamental factor in determining capital value, and business organizations are now focusing heavily on building capital from intellectual property assets to establish competitive entities that extend across different countries.

Perhaps one of the most prominent achievements of the Fourth Industrial Revolution, witnessed in the digital age, is artificial intelligence and its applications. Its impact has extended to various aspects of life and diverse services that concern people in general and economic enterprises in particular, enabling them to think, plan, and organize with the same efficiency as the human mind.

Artificial intelligence (AI) is one of the most advanced technologies of the modern era, presenting numerous opportunities and challenges in the field of valuation and its regulations. While AI tools can enhance the efficiency of valuation results, their use raises ethical questions regarding transparency, accountability, and fairness in the equitable assessment of intellectual property assets during transactions or disputes.

Although the use of AI in the justice system is not yet a routine part of judicial decision-making in the economic valuation of intellectual property infringements and the assessment of compensation, its impact is real and warrants attention before its full adoption. Current experiments aimed at enabling AI-powered search engines and developing AI-based tools for online dispute resolution present significant challenges.