This report from PA Consulting emphasises the importance for the board to have a breadth of AI knowledge to ensure that the right reporting lines and governance structures are applied to the use of the technology.
Key points include:
AI cannot work without high quality data. Before any significant decisions are made about AI technologies, a clear view on the organisation’s data assets and their value will be required.
A future automated business will look radically different from that of today, with fewer people working alongside more machines.
Organisations need to create the necessary structures to ensure compliance with current and emerging regulation, as well as company values and ethics.
Some of the media commentary on how AI will impact future work is oversimplified, often
presenting a binary choice between entire roles being completely automated or not.