Abstract
Can existing corporate governance principles properly guide the relationship between shareholders and directors as artificial intelligence (“AI”) plays an increasingly prominent role in corporate management, planning, and operations? Without a doubt, AI technologies allow corporations to enjoy enhanced efficiency and innovation. But the vast range of AI capabilities—from sophisticated data analytics to autonomous decision-making—raises profound questions about whether traditional governance principles remain sufficiently robust to cabin the proper development and deployment of such a powerful and rapidly evolving set of new technologies. Current corporate governance structures that focus on human actors and traditional business decision-making mechanisms seem ill-suited to address some of the novel legal questions that increased reliance on AI poses, especially considering the opacity regarding how AI technologies actually function. Because the existing fiduciary framework for corporate governance remains insufficiently supple to accommodate AI’s transformative impact on corporate practices and strategy, there is a pressing need to reconsider basic corporate governance principles.
Recommended Citation
Michael R. Siebecker,
Reconceiving Corporate Rights and Regulation in the AI Era,
89 Mo. L. Rev.
(2024)
Available at: https://scholarship.law.missouri.edu/mlr/vol89/iss3/8