Risk: High

Starting a side hustle with an AI Contract Lifecycle Management System can be risky for beginners, especially those unable to afford losses. Potential losses include money invested in software, time spent learning and implementing the system, energy dedicated to the venture, and confidence if results are not as expected. Beginners might spend money on setup costs but struggle to generate profits, as mastering AI technology can be challenging. Online accounts of failed attempts and financial losses are not uncommon. I'd rate the risk a 1 out of 3 because there is a high chance of losing money and time, with many beginners struggling to see returns on their investment.