The pace of AI development and adoption has accelerated considerably, attracting significant attention from companies, investors, regulators, policymakers and the public. Much of the public debate has focused on technological breakthroughs and competition among AI developers, yet AI-related risks and opportunities now affect companies across a wide range of sectors. AI is reshaping corporate practices, including board oversight, disclosure and investor engagement. While it can enhance efficiency and support strategic decision making, it also raises important questions of board responsibilities, fiduciary duties, transparency and accountability.
In some countries, companies are also considering how AI can play a role in carrying out board responsibilities, even though most company laws require directors to be natural persons. Argentina is considering going further. Recently, a new legal category of “non-human corporations” has been proposed: companies that could be owned and operated entirely by AI agents. At the same time, Argentina is pursuing an important deregulation plan with the aim of strengthening economic growth and resilience.
As more jurisdictions consider these questions, policymakers, companies, AI experts and corporate governance specialists will need to work together to understand how company law and AI regulation interact. International standards, including the G20/OECD Principles of Corporate Governance and the OECD AI Principles, will be important reference points when considering how AI-related issues could be addressed in corporate governance frameworks and corporate practices across jurisdictions and listed companies.
