Firms need ‘two layers’ of AI governance
Research suggests large companies need two layers of AI governance if they are not only to supervise its use but also exploit its advantages.
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Have boards come to terms with the rise of artificial intelligence? It seems not.
New research suggests large companies need to have two layers of AI governance if they are no longer to only supervise its use but also exploit its advantages.
The researchers—Maria Lillà Montagnani of Stanford University and Maria Lucia Passador at Harvard—conclude from their study: “AI can indeed play a key role in corporate boards, but it also creates significant risks which can only be properly addressed if the corporate structure is designed to cope with a more extensive use of AI.”
Their research comes at a time when AI has become a key i
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