AI on the Board: Revolution or Risk?

Dr Mark van Rijmenam, CSP -

Is appointing AI bots to boardrooms the beginning of a corporate utopia or a governance nightmare?

AI's role in the boardroom is expanding, with entities like the Real Estate Institute of NSW and International Holding Company appointing AI advisors to enhance decision-making.

AI bots promise increased efficiency and insightful data analysis, sparking debate on their benefits and ethical implications. While AI can process vast amounts of data rapidly, it lacks the ability to interpret context and make ethical judgments, which are crucial in governance.

The challenge for leaders is balancing AI's potential with the need for human oversight. Could AI truly replace the nuanced decision-making of human advisors, or will it always be a complementary tool in the boardroom?

Read the full article on Advisory Board Centre.

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