Bite-Sized Business Law
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Get a breakdown of the top stories in business law from industry leaders on the front lines with Bite-Sized Business Law. Host Amy Martella takes a closer look at the latest corporate happenings through interviews with the attorneys, legal experts, public figures, and scholars behind the news to distill business law’s biggest stories into bite-sized portions.
This is your chance to go further into the world of business law and stay up to date with legal cases and industry trends.
Corporations impact us all, leading changes that extend far beyond business to shape the economy, public policy, technology, and beyond. Looking at the big picture, Amy discusses not only the underlying issues in business ethics and legal cases leading the biggest stories but also sparks thought-provoking discussions on where the law should be headed.
Amy is the Executive Director of the Corporate Law Center at Fordham University School of Law. Her background ranges from big law to government to tech startups, allowing her to offer an insider’s perspective of the issues that shape corporate actions, large and small. Covering crypto regulation to securities fraud, AI’s impact to Elon Musk’s pay package, Bite-Sized Business Law covers it all with guests of varying viewpoints to provide the nuanced analysis needed to tackle complex problems.
Whether you're looking for the latest in legal insight on intellectual property, mergers and acquisitions, business ethics or legal cases in the business law world, you’ll find it here. Enjoying a thoughtful perspective on the news stories of the moment, Bite-Sized Business Law examines big issues and delivers them in small doses.
Bite-Sized Business Law is a project by the Corporate Law Center at Fordham Law. The Center serves as a hub for scholars, professionals, policymakers, and students to engage in the study, discussion, and debate of current issues in corporate law. The Center focuses on aspects of corporate law, corporate compliance, antitrust law, and securities regulation. Through initiatives like the Mergers and Acquisitions seminar and the Securities Litigation and Arbitration Clinic, students actively engage in real-world research and cases, bridging the gap between classroom learning and practical application in the legal field.
Bite-Sized Business Law
Sergio Alberto Gramitto Ricci on Inviting Artificially Intelligent Directors into the Boardroom
Corporate boards use their expertise to advance the best interests of the corporation and its shareholders. But they’re only human. What if we could create a board made up of entirely unbiased, indefatigable members who never falter and never tire? Today we explore the idea of inviting artificial intelligence into the boardroom with Sergio Alberto Gramitto Ricci, an associate professor of law at the University of Missouri, Kansas City. Sergio’s well-known paper, “Artificial Agents in Corporate Boardrooms,” has taken on new significance with the rapid progression of AI technology. Tuning in, you’ll hear about both the risks and rewards of introducing AI into the boardroom. We delve into what Delaware law has to say about legal personhood before Sergio discusses his concerns about having AI make decisions for companies and why the lack of AI accountability is problematic. We debate the risks around AI becoming sentient, and discuss whether new laws will be introduced to allow AI inside corporate boardrooms. Tune into this fascinating and informative episode today!
Key Points From This Episode:
- Welcoming today’s guest, Sergio Alberto Gramitto Ricci.
- How Sergio got interested in the idea of AI in the boardroom.
- How ancient Roman practices of using highly intelligent slaves translates to the use of AI in boardrooms.
- AI Governance Nirvana and how it could address the problem of agency costs.
- Why there will always be a place for humans in the boardroom.
- What Delaware law has to say about legal personhood when it comes to boards of directors.
- Sergio discusses the idea of accountability and why AI cannot be held accountable.
- Why Sergio is so concerned about AI becoming sentient.
- The effects of using AI to make decisions for companies.
- The likelihood of introducing new laws to make use of AI in boardrooms.
- Whether transparency about the use of AI in the boardroom would solve the legal roadblocks to using AI in the boardroom.
Links Mentioned in Today’s Episode:
Sergio Alberto Gramitto Ricci on LinkedIn
Sergio Alberto Gramitto Ricci on X