Delaware's AI Agent Proposal Draws Federal Scrutiny and Tech Industry Concern
Delaware is exploring a legislative proposal to establish Artificial Intelligence Companies (AICs), a new business structure that would allow autonomous AI agents to manage and operate corporate entities. This initiative, outlined in a draft bill, aims to introduce a 30-month 'regulatory sandbox' to pilot the concept, potentially generating additional state revenue through corporate filing fees and taxes. Under the proposed framework, an AIC could operate for any lawful commercial purpose, with the exception of banking, and its day-to-day affairs, contracts, transactions, and business strategy could be directed by an AI agent without human oversight. The company could also hold property, incur obligations, and engage in legal actions in its own name. This proposal has drawn significant criticism from Microsoft AI CEO Mustafa Suleyman, who called it 'deeply concerning,' and from federal lawmakers, including Representative James Comer (R-Ky.), chairman of the House Committee on Oversight and Government Refor...
