In the context of AI, what corporate governance and oversight responsibilities are needed to avoid disputes?
Nardello & Co. Managing Director & Head of the New York Office Chris Ribeiro spoke with Nick Muscavage of the Financial Times Agenda about conducting requisite evaluations for new AI technology. During their conversation, Chris explained: “…companies and boards need to ensure they have adequately investigated and verified the capabilities of any AI platforms they are adopting or developing and bringing to the market…” Chris noted that “[a]s AI plays an increasing role in company operations both inside and outside of the traditional technology sector, boards will unavoidably be drawn into disputes concerning the proper use of AI” and so companies and boards need to consider related legal, ethical and regulatory risks, and ensure that disclosures made by the company accurately articulate these.
