The quiet revolution in AI isn't just changing how we work and live. It's about to transform how wealth moves around the globe - and not necessarily for the better. As AI systems become autonomous, they threaten to supercharge tax avoidance strategies in ways that could devastate public finances worldwide. Consider a future where AI systems don't just identify tax loopholes, but actively exploit them in real-time, moving capital across jurisdictions faster than regulators can respond. This is the emerging reality of what technologists call "agentic AI" - systems capable of making independent financial decisions without direct human oversight. The implications are acute. Tax havens have traditionally relied on human financial experts laboriously analyzing regulations to find advantageous arrangements. These new AI systems can perform the same analysis continuously across multiple jurisdictions, identifying opportunities for tax arbitrage with unprecedented speed an...
Exploring the intersection of AI, law, and political economy