AI agents are making high-stakes decisions right now – trading, diagnosing, contracting – and no governance framework actually works. I’ve spent 20 years studying governance failures. From hedge funds to DAOs to AI. The pattern is always the same: static rules chasing dynamic systems. In my new video, I break down why every current approach […]
Read more "AI is Ungoverned – Here is the Fix"It’s been a productive stretch. Since my last substantive research roundup, I’ve published more than a dozen new papers, crossed the 121-paper milestone, and built something I’ve been wanting to create for years: a machine-readable, interactive knowledge graph that maps the connections across my entire body of work. This post covers three things: the new […]
Read more "Updates"🚨 New paper drop: “The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory” by Wulf A. Kaal. AI agents negotiating, producing, and reinvesting value in fully autonomous loops—independent of human labor or consumption—are shattering core economic assumptions: scarcity dissolves, bounded rationality vanishes, transaction costs hit zero. Welcome to the Coasean Singularity and Agentic Decoupling. […]
Read more "The AI-to-AI Economy and the Collapse of Anthropocentric Economic Theory"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5583610#:~:text=LER’s%20contributions%20include%20the%20potential,capital%20shift%20to%20risk%20assets. By Dr. Wulf A. KaalAssociate Professor of Law, University of St. Thomas School of Law Shareholders have evolved from passive investors into active participants, often driving transformative agendas through activism. Proxy contests, in which investors seek to influence or seize board control, have proliferated, imposing substantial financial burdens on companies—estimated in the billions—and contributing […]
Read more "Liquid Equity Rewards: Enhancing Shareholder Loyalty Amid Rising Activism"Fresh off the press TODAY: “Decentralized Autonomous Organizations Market Meta Analysis” by Wulf Kaal! Discover how DAOs are disrupting governance, finance, & more—analyzing 50 top DAOs for trends, challenges, & breakthroughs. A must-read for #Web3 builders! “DAOs offer decentralized, transparent alternatives to corps.” DOI: 10.1561/2900000040 https://nowpublishers.com/article/Details/ISY-040 #DAOs#Blockchain#Crypto
Read more "New Book – Fresh off the press TODAY"By Wulf A. Kaal and Joshua Q. Bykowski The full 178 page article with all data can be downloaded here on SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4529715 The historical trajectory of business entities is a testament to the intricate interplay between societal structures, technological advancements, and economic imperatives. From the rudimentary partnerships of early civilizations to the sophisticated joint-stock […]
Read more "Decentralized Autonomous Organizations (DAOs): A Paradigm Shift in Business Evolution"Wulf Kaal is again heading to Davos for the World Economic Forum on May 22-26. Itinerary: Zug, Switzerland all day on May 20th. Then it’s off to Davos, staying in nearby Klosters from May 21st to May 25th. Wulf will be speaking at several events listed below. Wulf’s WEF schedule is constantly changing and new […]
Read more "World Economic Forum 2022 – Speaking Engagements"Thank you Robert Tercek for a wonderful interview. Here is Robert’s take: “Decentralized Autonomous Organizations (DAOs) are a fascinating aspect of crypto innovation. To me, the DAO concept is one of the most creative new business ideas of the decade. A DAO is a non-hierarchical alternative to a corporation: no CEO, no C-Suite, no investors […]
Read more "DAO Governance & Future of the Firm – Interview with Robert Tercek"
Wulf Kaal 