The Problem of Algorithmic Corporate Misconduct
Compliance and Enforcement Blog (Sept. 16, 2019)
4 Pages Posted: 10 Oct 2019 Last revised: 12 Oct 2021
Date Written: September 26, 2019
Abstract
Technology will soon force broad changes in how we conceive of corporate liability. The law’s doctrines for evaluating corporate misconduct date from a time when human beings ran corporations. As corporate operations become increasingly automated, algorithms will come to replace employees as the leading cause of corporate harm. Rooted in an antiquated paradigm, the law presently identifies corporate misconduct with employee misconduct. If it continues to do so, the inevitable march of technological progress will increasingly immunize corporations from most civil and criminal liability.
Keywords: Corporate Governance, Artificial Intelligence, AI, Algorithmic Misconduct, Business Ethics, Mens Rea, Criminal Theory, Philosophy of Law, Jurisprudence, Philosophy of Mind
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