AI, executive and board leadership, and our collective future
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Coulson-Thomas, Colin (2023) AI, executive and board leadership, and our collective future. Effective Executive, 26 (3). pp. 5-29. ISSN 0972-5172
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Abstract
Applications of AI and AGI have implications for executives, company directors, executive and board leadership, stakeholders, legislators and regulators. Their strategic impacts and associated risks, the nature of the alternatives and possibilities they can and/or might in future enable, the growth of multiple areas of concern among different stakeholder groups, accumulating ethical and legal issues, and their resource requirements at a time when there are existential threats such as climate change to address, suggest they represent a governance challenge for boards as well as a management one for executive leaders. AI cannot and should not just be left to executives and executive leaders. Boards are ultimately responsible for applications of AI and other technologies. There are many questions for directors and boards to consider relating to the adoption, overseeing, regulation and governance of AI and other digital technologies, associated cyber risks and fraud, problematic applications, matching capabilities and opportunities, global warming and AI enabled responses to climate change, converting common challenges into opportunities, board readiness to cope and embracing AI while retaining control. Whether AI and AGI help or harm us will depend upon their regulation and governance and what they are used for, by whom and for what purpose.
| Item Type: | Article |
|---|---|
| Additional Information: | Effective Executive is a quarterly peer reviewed journal of IUP (ISSN 0972-5172). |
| Uncontrolled Keywords: | AGI; Artificial Intelligence (AI); digital technologies; leadership; regulation and governance; cyber security; climate change; global risks |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management |
| Faculty / School / Research Centre / Research Group: | Faculty of Business |
| Related URLs: | |
| Last Modified: | 26 Apr 2024 11:14 |
| URI: | http://gala.gre.ac.uk/id/eprint/44611 |
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