kaal:position:2026-07-31-7457
The artificial intelligence (AI) governance dilemma presents the following source proposition: While AI systems are often discussed in terms of efficiency, innovation, or risk, less attention has been devoted to the structural misalignment between those who design, control, deploy, and are affected by these systems. This proposition is pertinent to Kaal's source-bound claim that Private fund advisers' increasing use of blockchain technology, artificial intelligence, and big data is a distinct source of downward pressure on the traditional 2/20 fee structure that commentators have not examined. The proposed response is a qualification: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
blockchainprivate-fundsinnovationhistorical-responsescholarly-literaturecrossref