4th South American International Conference on Industrial Engineering and Operations Management

Legal Research on Decision-Making in Artificial Intelligence and Corporate Management

DONG HO SHIN
Publisher: IEOM Society International
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Track: High School STEM Competition
Abstract

In this paper, if artificial intelligence affects the company's management decision-making process, it assists human decision-making in the decision-making process (shareholders' meeting, audit, information disclosure, etc.), and artificial intelligence makes its own decisions. (Artificial intelligence makes management decisions without human intervention in the board of directors, etc.)

First of all, at the general shareholders' meeting, which can be said to help in decision-making, it uses artificial intelligence to convene a general meeting of shareholders, publicize the general meeting of shareholders, and perform accounting audits and work audits rather than playing a key role in decision-making. Therefore, a more comprehensive and immediate audit is possible through real-time feedback of information through artificial intelligence. Artificial intelligence can also be used as a tool for corporate information disclosure.

On the other hand, artificial intelligence can learn on its own and play a key role in the management decision-making process of the board of directors because it can make altruistic and quick judgments if the input information is fair. Since the board of directors is an important decision-making body for the company, artificial intelligence can provide advice during the company's management decision-making process, unlike tasks such as shareholders' meetings or audits, and furthermore, provide advice when making important company decisions. can. on their own without human intervention. In addition, if management decision-making using artificial intelligence or artificial intelligence itself is wrong, legal problem solving can be a problem. And as our society develops, those problems will only get bigger and bigger.

In short, legal proceedings become very important when companies are harmed by AI-enabled decision-making. However, it is difficult to find the cause of errors caused by artificial intelligence due to the black box problem of artificial intelligence. Therefore, as a countermeasure against these errors, it has recently been suggested that the cause of errors caused by artificial intelligence can be identified by introducing and operating white box AI and XAI (Explainable Artificial Intelligence). And with these solutions, it is said that it is possible to determine whether there was a serious negligence in the decision-making using artificial intelligence, whether there was no conflict of interest, and whether the decision-making was carried out according to the principles.

However, as many physicists and mechanists claim, the development of artificial intelligence has outpaced all human intelligence combined.

In this paper, we assume various cases that may occur when companies apply and operate slightly strong artificial intelligence (level 4) that can be fully recognized in reality, and there are legal and institutional problems to solve them. And I'm looking for a solution for that.

 

Keywords

Artificial Intelligence, Decision-making, shareholders' meeting, artificial intelligence audit and artificial intelligence director

Published in: 4th South American International Conference on Industrial Engineering and Operations Management, Lima, Peru

Publisher: IEOM Society International
Date of Conference: May 9-11, 2023

ISBN: 979-8-3507-0545-4
ISSN/E-ISSN: 2169-8767