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while AI can assit in decision making, the company's affairs must be managed by the board. Where it cannot replace the directors' active management and
while AI can assit in decision making, the company's affairs must be managed by the board. Where it cannot replace the directors' active management and decision-making responsibilities s128i. furthermore,. The CA 1993 requires directors to act in good faith and in the best interests of the company . This means that directors of GNZL, as a subsidiary of Granda are legally required to act in the best interests of GNZL s131. This means they must understand and agree with any decisions provided by AI, and cannot delegate this responsibility entirely to an AI system. GNZL must ensure that the use of such technology complies with the legal obligations of directors under New Zealand law. The use of AI should be seen as a tool to assist the directors of GNZL in their decision-making process, rather than a replacement for the directors fiduciary duties. shorten this
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