ALGORITHMS ON TRIAL: CORPORATE LIABILITY IN THE AGE OF AI

ALGORITHMS ON TRIAL: CORPORATE LIABILITY IN THE AGE OF AI

ALGORITHMS ON TRIAL: CORPORATE LIABILITY IN THE AGE OF AI

AUTHOR – GAANA SHREE M, STUDENT AT CHRIST ACADEMY INSTITUTE OF LAW

BEST CITATION – GAANA SHREE M, ALGORITHMS ON TRIAL: CORPORATE LIABILITY IN THE AGE OF AI, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 4 (4) OF 2024, PG. 808-813, APIS – 3920 – 0001 & ISSN – 2583-2344.

ABSTRACT

“The question is not whether machines think, but whether humans do.”

Can artificial intelligence in governance be a friend or foe? The line between innovation and liability is thinning as corporations embrace AI-driven decision-making. In an era of AI, this article unravels the complexities of corporate liability while also illuminating how to use AI’s power without breaking any laws. It looks at how AI has permeated corporate governance, shifting paradigms from being accountable to being auditable, and the urgency of creating legal pathways to handle important ethical issues like bias, transparency, and privacy. This research proposes actionable solutions to mitigate risk for AI, in a manner consistent with full compliance with integrity, through the examination of real-world case studies and regulatory insights. In the end, the study lays out a roadmap to harmonize accountability with the required innovation for AI to be used sustainably.

Keywords: Ethical Governance, A.I. Liability, Innovation vs Accountability, Corporate Risk, Legal Solutions.