Capital Club Dubai reposted this
Futurist | Board advisor | Global keynote speaker | Bestselling author | Founder: AHT Group - Informivity - Bondi Innovation | AI Top Voice | Host: Amplifying Cognition podcast | Leader: Humans + AI Explorers Community
Using GenAI to augment board discussions and decisions is at the center of my work. Many useful insights on this important topic emerged from the debate on “Boards – To AI or Not to AI” debate at Capital Club Dubai this week, chaired by Tariq Qureishy with Feroz Sanaulla and Krishnan Gopi on the pro and Audrey Lemmert and Karl Tlais on the against. Here is a summary of some of the most interesting arguments and insights shared in the debate. Arguments for using AI in boardrooms: 📊 Enhanced efficiency: Board members are often overwhelmed with information, being handed multi-hundred page briefing documents. Used well, AI can make this cognitively more manageable. ⚖️ Reduce bias: Well designed AI systems can reduce human biases and provide more objective analysis and balanced decisions. 🧠 Augmenting human capabilities: Used effectively, AI can augment human capabilities for board members to make better-informed decisions. 🔮 Improved decision-making: AI can support strategic decisions with predictive analytics, future trend projections, and other useful inputs to human decision-making. 📈 Adapting to change: AI can help boards stay ahead of change by monitoring trends and providing timely insights. Arguments against using AI in boardrooms: ⚠️ Data quality and bias: AI's input is only as good as the data it is trained on. Often, flawed or biased data leads to the perpetuation of bias. 🔒 Security: Using AI raises significant cybersecurity risks when highly sensitive data is at stake. 📜 Lack of regulatory frameworks: Without regulation and guidance, implementing AI could lead to legal and ethical issues, especially on accountability. ⚖️ Ethical and legal liability: The lack of transparency in AI decision-making raises concerns about who is accountable for AI-driven and sometimes unexplainable decisions and inputs. 🧩 Human experience and judgment: The human element in decision-making, including empathy, ethics, and critical thinking, cannot be replicated by AI. Human oversight and judgment are crucial, especially in complex and nuanced situations. Of course, the conclusion must be that AI should absolutely be used in the boardroom, but taking full account of and addressing the potential downsides. The last point made above, that humans cannot be replaced by AI in high-stakes, human-impacting decisions, doesn’t mean board members cannot be augmented by AI to make better decisions, if used well. We are already at the outset of high performance Humans + AI boards. Now the urgent task is doing this as well as we possibly can.
Dr Elissa Farrow
3mo
Love it I wrote about this in my doctoral studies - great content and insights thank you 🙏
Nicky Clarke
2mo
Neuro symbolic AI where business strategy models drive decision-science generation pipelines seems to be the promise land.
Josie Gibson
3mo
Dr. Meena Thuraisingham - your thoughts?
Interesting!
Futurist | Board advisor | Global keynote speaker | Bestselling author | Founder: AHT Group - Informivity - Bondi Innovation | AI Top Voice | Host: Amplifying Cognition podcast | Leader: Humans + AI Explorers Community
3moLink to the full recording at Capital Club Dubai https://www.linkedin.com/events/7211013587899736064/comments/