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As pointed out by this HBR article, AI is a high risk game. One where money can be poured into a technology pit with only a hope that what get pulled back up will deliver the predicted benefits.There have been many articles written about the opportunities of AI, with nation states making clear their intentions to use AI to improve GDP through productivity and efficiency gains, without saying how this will be done. Veritas GRC own experience of the use of AI in cyber demonstrates the gains AI can bring, when it is aimed at the right business problem. But lets be clear, it’s the business problem that comes first, with the AI following as the enabler of change.The OPEN framework, albeit common sense, is a way forward. While consulting speak, the Outline, Partner, Experiment and Navigate is a common sense approach to the design and delivery of any tech solution. More so with AI, as AI brings levels of corporate automation we have not seen before. With the big difference being that AI based automation passes more responsibility to the technology through reasoning. This creates orders of magnitude greater risk for company and their boards, as board pass more control to the technology, accepting risks they are not really aware of.A great quote The opportunities and risks AI presents demand careful thought and deliberate strategic responses. Piecemeal solutions will not suffice. The pace of AI development, combined with the technology’s unique capacity to transform human relationships and organizational culture, requires frameworks that can balance both unprecedented uncertainty and the need for immediate action. Organizations need comprehensive systems for thinking that can guide them through continuous transformation while keeping sight of their core purposes and human stakeholders.@Thaddeus Dziekanowski Brian D. McCarthy Faisal KhanVeritas GRC#cybersecurity #cyberriskmanagement #artificialintelligence
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