Can AI safety shed any light on old corporate governance problems? And can the law and economics of corporate governance help us frame the new problems of AI safety? The author identifies five lessons — and one dire warning — on the corporate governance of AI and other socially sensitive technologies that have been made vivid by the corporate turmoil at OpenAI.
The boardroom war at OpenAI, the company behind ChatGPT, has put a spotlight on the role of corporate governance in AI safety. Few doubt that AI is going to be disruptive for society, and governments are beginning to devise regulatory strategies to control its social cost.