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6 - New Accountability Norms

Published online by Cambridge University Press:  24 June 2026

Moritz A. Schramm
Affiliation:
New York University

Summary

This chapter reflects on the future of governance in an era where corporate-driven, private arrangements increasingly dominate key sectors, from artificial intelligence to biotechnology and beyond. While public power still contributes through research funding and normative frameworks, the sheer scale and speed of private actors often surpass traditional regulatory capacities. Governance today rests to a considerable extent with the internal factions of corporations—engineers, compliance teams, and public relations—who shape techno-normative frameworks with little public accountability. The chapter argues that governance by emulation offers a pragmatic, albeit imperfect, path forward. Emulating public law principles—such as accountability, self-governance, and due process—into private contexts can inject public-minded values into profit-driven structures. However, traditional private law mechanisms, such as contracts and fiduciary duties, need repurposing to address the scale and public significance of corporate governance. Similarly, the role of infrastructure, code, and technical frameworks in shaping governance must be acknowledged alongside conventional normative tools. While these developments hold both promise and peril, they also mirror the incremental evolution of liberal public institutions. By embedding public law ideals into emerging governance constellations, we may foster accountability structures capable of addressing the complexities of modern global power dynamics—marking a critical step toward a more balanced and responsive future governance framework.

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