Board Oversight and Governance of the Chatbot and AI Revolution

As laid out in a separate session, the implementation of AI and its rapidly advancing capabilities presents myriad risks for organizations. So how can boards set up governance, accountability, and compliance frameworks that best allow them to oversee, monitor, and mitigate those risks, while also harnessing the competitive advantage that AI offers in terms of increased capabilities, productivity, and efficiency? This session will explore the board’s role in overseeing the potential strategic opportunities and risks of AI. Panelists will offer practical advice to board members who are considering ways to integrate AI into their products or operations in a safe, responsible, and trustworthy manner. They will explore the evolving landscape of AI governance, different AI governance frameworks, a well as risk mitigation strategies. Finally, panelists will share best practices for navigating the evolving regulatory landscape in the U.S. and abroad.