Couldn't a business exist now that just had a lawyer read the agreements? There's no reason why we need to wait for "AI" to do this, so I would assume either the business idea isn't there or there are no incentives to do so.

Those prepaid legal services should suffice. You know, like Rocket Lawyer or Legal Shield, you pay $30 a month to have a lawyer allegedly on hand.

They will review N pages of legal documents included in the base fee. So you should be able to shovel over your most important EULAs and contracts for them to check out. They may not be able to tell you anything useful, though, since the lawyer who fields the call usually has no idea who you are, just has passed the bar in your state.

They likely don't change a lot, so the AI called diff would suffice

And provides a much stronger guarantee of correctness.

We don’t need technology, this is entirely a legal problem.