If an AGI can outclass a human when it comes to economic forecasting, deciding where to invest, and managing a labor force (human or machine), I think it would be smart enough to employ a human front to act as an interface to the legal system. Put another way, could the human tail in such a relationship wag the machine dog? Which party is more replaceable?
I guess this could be a facet of whether you see economic advantage as a legal conceit or a difference in productivity/capability.
This reminds me of a character in Cyberpunk 2077 (which overall i find to have a rather naive outlook on the whole "cyberpunk" thing but i attribute it to being based on a tabletop RPG from the 80s) who is an AGI that has its own business of a fleet of self-driving Taxis. It is supposedly illegal (in-universe) but it remains in business by a combination of staying (relatively) low profile, providing high quality service to VIPs and paying bribes :-P.
I don't know that "legally" has much to do in here. The bars to "open an account", "move money around", "hire and fire people", "create and participate in contracts" go from stupid minimal to pretty low.
"Legally" will have to mop up now and then, but for now the basics are already in place.
Opening accounts, moving money, hiring, and firing is labor. You're confusing capital with money management; the wealthy already pay people to do the work of growing their wealth.
I was responding to this. Yes an AGI could hire someone to do the stuff - but she needs money, hiring and contract kinds of thing - for that. And once she can do that, she probably doesn't need to hire someone to do it since she is already doing it. This is not about capital versus labor or money management. This is about agency, ownership and AGI.
