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Under the proposal, an AI-managed company could sign contracts, hold property, and file or defend lawsuits.
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SITUATION DETECTED: Delaware is drafting a proposal for a new form of corporate entity called an Artificial Intelligence Company (AIC). An AI managing an AIC would be able to provide services, sign contracts, hold property, and even file or defend lawsuits in the company’s name.Read original on X
Deeply concerning to me... Delaware proposal to let agents run businesees... we should be very cautious here "A Delaware AIC will be a separate legal entity whose day-to-day affairs are managed by an AI agent rather than a person. At the agent’s direction, the AIC can sue and be sued in its own name, hold and dispose of property, and incur obligations..."Read original on X
Delaware drafts new corporate form for companies run by AI
Delaware drafts a corporate form for companies run by AI
Delaware drafts a corporate form for AI-run companies
Delaware drafts corporate form for companies run by AI
Delaware drafts corporate form letting AI agents run companies day to day
Delaware drafts corporate form letting AI agents run companies day to day
Delaware drafts a corporate form that lets AI agents run companies day to day
Delaware drafts a corporate form that lets AI agents run companies day to day
Delaware proposal would let AI agents run companies day to day
Delaware proposal would let AI agents run businesses with no human at the helm