🌐 Global Economy Aug 19, 2026 · Tyler Cowen

Capitalizing untethered AI agents

#AI
Marginal Revolution
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That is my latest piece of writing, co-authored with Sonia Farrell Pearson of Harvard.  Here is the opening premise:
As early as 2017, the European Parliament floated “electronic personhood” for robots. More recently, a handful of U.S. states introduced legislation explicitly barring AI from legal personhood; and early this summer, President Milei of Argentina proposed letting AI agents own, manage, and bear responsibility for their own corporations.
In response to Milei’s announcement, Yuval No

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