CXOTalk: Leadership, AI, and the Digital Economy Enterprise AI: A Board of Directors Perspective | #866
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Jan 17, 2025 Adriana Karaboutis, an independent board member with extensive leadership experience at Dell, Biogen, and National Grid, dives into the intricate world of enterprise AI. She addresses how boards tackle the rapid adoption of AI, including the balancing act between innovation and risk. Adriana shares insights on overcoming resistance to change, the importance of tech-savvy board members, and the critical role of effective communication between technical leaders and directors. This discussion underscores the need for ongoing education and alignment of AI strategies with governance.
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AI Adoption by Industry
- AI adoption varies across industries, with tech and finance leading.
- Slower adoption is seen in regulated sectors like government and agriculture.
Drivers and Roadblocks of AI Adoption
- Competitive pressure drives AI adoption, pushing companies to improve efficiency.
- Roadblocks include risk aversion, ethical concerns, and lack of skills.
Balancing Innovation and Risk
- Boards must balance AI innovation with risk management.
- Think offensively to leverage AI's potential, defensively to mitigate risks.