How boards can guide their companies in maximizing AI’s business benefits, while responsibly balancing the welfare of a firm’s multiple stakeholders and society at large.
The latest developments in Artificial Intelligence (AI) promise to have a profound impact on business and society. They will test companies’ ability to address the business opportunities and risks associated with yet another transformative technology. They will also offer a test case for corporate boards’ commitment to ESG and multi-stakeholder capitalism.
We offer nine recommendations for boards to guide their companies in maximizing AI’s business benefits, while responsibly balancing the welfare of a firm’s multiple stakeholders and society at large.
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