What happens if you give an AI control over a corporation?

In this paper, law professor Lynn Lopucki ponders the question: What happens if you turn over control of a corporate entity to an AI? Odds are high you'd see them emerge first in criminal enterprises, as ways of setting up entities that engage in nefarious activities but cannot be meaningfully punished (in human terms, anyway), even if they're caught, he argues. Given their corporate personhood in the US, they'd enjoy the rights to own property, to enter into contracts, to legal counsel, to free speech, and to buy politicians -- so they could wreak a lot of havoc. The prospect of AI running firms and exploiting legal loopholes has been explored in cyberpunk sci-fi, so it's mesmerizing to watch the world of real-world law start to grapple with this. It's coming on the tails of various thinkers pointing out that Silicon Valley's fears of killer AI are predicated on the idea that AIs would act in precisely the way today's corporations do: i.e. that they'd be remorselessly devoted to their self-interest, immortal and immoral, and regard humans as mere gut-flora -- to use Cory's useful metaphor -- towards pursuance of their continued existence. Or to put it another way, corporations already evince much of the terrifying behavior LoPucki predicts we'll see from algorithmic entities; it's not clear that any world government is willing to bring to justice any of the humans putatively in control of today's crimedoing firms, so even the moral immunity you'd see in AIs is basically already in place.