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There’s little doubt that AI is a significant opportunity for revenue generation, cost reduction and efficiency improvements for industry.
The simple fact is that AI has captured most internet available information into the genies bottle. What was once the ‘secret sauce’ of information held dear by companies, is readily available to those that want to use it. With this come the ability for companies to access global data and create unique, game changing solutions. For organisations to take those menial, high volume, low value trades and automate them.
Organisations will use Ai to make strides in improving productivity and efficiency, with at least the same level of quality at lower risk………….But along with the opportunities created by AI comes risks that boards and legal counsel must be aware and manage.
Veritas GRC are pleased to have been working with Knowledge Nexus & The Government of Dubai Legal Affairs Department to create and deliver a Board Governance over AI education program. A program tailored to the Boards and General Councils of public and private sector companies. The program introduces
1. Boards and General Counsel to the foundations of AI.
2. The risks associated with using and developing AI (data security/ privacy, Bias, Fairness and Integrity, Model autonomy, the economic and social impacts of AI and model manipulation and misinformation).
3. Board governance over AI.
4. How boards and lawyers adopt an AI management system to govern, oversight and assure AI risks.
@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan
#artificalintelligence #airisk #aigovernance
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