Electronic Technology and the Law

Georgios I. Zekos
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Georgios I. Zekos: International Hellenic University

Chapter Chapter 8 in Economics and Law of Artificial Intelligence, 2021, pp 349-360 from Springer

Abstract: Abstract AI introduction meant that computer processors attained the miniaturization, sophistication, and power needed for AI to take off. Moreover, coding is labor intensive, making computing expensive, and slow but, on the other hand, computing has become so cheap that it is more proficient for a computer to write a program and so software can solve different problems. Furthermore, the development of open-source frameworks permits developers to work synergistically on the same platforms to construct the infrastructure required for AI-enabled devices to interoperate and so interconnected computer processors accomplishing parallel processing are materialized by artificial neural networks. Blockchain protocols run as organizations and presenting a new institutional governance technology of decentralization which means that essentially, as developers create these new institutions, they implement corporate models by resettling corporate law into the code and so making corporate governance rules an ordinary fit for an off-chain governance model.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-64254-9_8

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DOI: 10.1007/978-3-030-64254-9_8

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