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Autonomous Organizations

Autonomous Organizations

Hardcover

General Law

ISBN10: 1108839932
ISBN13: 9781108839938
Publisher: Cambridge University Press
Published: Oct 14 2021
Pages: 196
Weight: 0.95
Height: 0.50 Width: 6.00 Depth: 9.00
Language: English
Under current business law, it is already possible to give legal personhood, or a very close surrogate of it, to software systems of any kind (from a simple automated escrow agent to a more hypothetical, truly smart artificial intelligence). This means that, for example, robots could enter into contracts, serve as legal agents, or own property. Ultimately, entire companies could actually be run by non-human agents. This study argues that this is not as scary as it might sound at first. Legal theorist and noted software developer Shawn Bayern argues that autonomous or zero-person organizations offer an opportunity for useful new types of interactions between software and the law. This creative contribution to the theory and practice of law and technology explores the social and political aspects of these new organizational structures and their implications for legal theory.

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General Law