BarbriSFCourseDetails

Course Details

This CLE webinar will examine the corporate governance, data security and other challenges facing boards of directors in overseeing artificial intelligence (AI) initiatives. The panelists will discuss best practices and considerations in establishing AI governance processes and frameworks, working towards compliance with regulatory requirements, and addressing ethical considerations in AI deployment and cybersecurity.

Faculty

Description

The rapid advancement of AI technologies presents both opportunities and challenges for corporate boards. Directors are increasingly responsible for overseeing AI initiatives to ensure they align with the company's strategic goals while mitigating associated risks. Effective AI oversight requires a comprehensive understanding of AI's potential impacts on business operations, data governance and security, regulatory compliance, and ethical standards.

Boards must proactively establish robust governance frameworks that address the unique risks posed by AI. This includes developing policies for AI ethics, data privacy, and cyber security, as well as working to ensure transparency and accountability in AI decision-making processes. Directors should also be aware of the evolving regulatory landscape and be prepared to adapt their oversight practices accordingly.

Listen as our panel discusses critical considerations for boards of directors in their consideration and oversight of AI, including fostering a culture of continuous learning, engaging with AI experts, and integrating AI considerations into the broader risk management framework of the company as a whole.

Outline

  1. Introduction to AI Governance
    1. What is AI? What’s different about GenAI?
    2. Overview of AI technologies and certain business applications
    3. Overview of risk landscape for AI
  2. Regulatory, technical, and ethical considerations for AI
    1. Cyber and data privacy landscape
    2. Litigation landscape
    3. Regulatory landscape
    4. Ethical considerations
  3. Current best practices for AI governance
    1. Overview of an AI governance structure
    2. Building out an AI governance program
    3. Maximizing value and minimizing risk with GenAI
  4. Board responsibility and accountability for AI governance
    1. Regulatory expectations around Board oversight
    2. Fiduciary duties & the Caremark standard
    3. Emerging best practices for Oversight of AI
  5. Lessons learned in AI governance to date

Benefits

The panel will discuss these and other critical issues:

  • How can boards effectively oversee AI initiatives to align with strategic goals?
  • What are the key regulatory, technical, and ethical considerations for AI governance?
  • What current best practices can boards adopt to enhance their oversight of AI?
  • How can boards work to effect transparency and accountability in AI decision-making processes?