Why Not Appoint an Algorithm to Your Corporate Board?

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Though Elon Musk has famously warned humanity about the dangers of artificial intelligence, his shareholders might be well-served by having an algorithm on Tesla's board of directors. In recent years, Tesla has become a cautionary tale for how difficult it is for part-time directors to oversee charismatic, strong-willed CEOs--especially ones who are the founding visionaries of their companies. Given how Elon Musk has landed the company in hot water with the Securities and Exchange Commission with his erratic tweets and mocking disregard for the regulatory regime dictating the proper behavior of a publicly traded company, it's little wonder that Tesla's board has been accused of being "asleep at the wheel." Perhaps their seeming unwillingness to rein him in is due to the Tesla directors' personal loyalty to Musk. Or maybe they simply don't want to spend the time to "preapprove" Musk's tweets about the company, especially with the less conventional hours and fast pace the CEO keeps.

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