Governing AI
Research Radar: An Economy of AI Agents
This piece examines Hadfield and Koh’s new study on AI agents and what happens when autonomous systems begin making economic and administrative decisions. The research shows that current agents don’t reason like humans, misinterpret preferences, can spontaneously coordinate like cartels, and erode core assumptions that markets and democratic oversight rely on. The policy question is whether democracies redesign rules now or let commercial incentives define the economic foundations of the AI era.
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