Arthur Hayes, the co-founder of crypto exchange BitMEX, believes artificial intelligence (AIs) will use decentralized autonomous organizations (DAOs) to organize themselves. In a blog post, Hayes wrote:

“The DAO structure will allow AIs and humans to collaborate and serve as the organisational structure that allows the AI + human economy to grow and flourish.”

Since companies need to register with the government, they cannot exist or operate without compliance with the laws, Hayes explained. So, to “ensure it isn’t beholden to human laws, the AI cannot use any form of organization that depends on the state to function,” he wrote.

Therefore, AIs will only follow rules written in “transparent, public computer code” and immutable, like smart contracts used by DAOs and deployed on …