Explore the opportunities and oversight questions raised by generative AI in board work. This paper offers a perspective from the early stages of adoption, with considerations for governance teams and directors.
Free PDF · 6 pages · Introductory commentary
By Beyond Governance
- Consider potential uses of AI in governance work
- Recognise risks around accuracy, bias and sensitive information
- Identify questions for suppliers and an AI usage policy
Understanding AI in the boardroom
Using AI to prepare information or support decisions raises questions about how its outputs are checked and what information goes into the system. Directors and governance teams need enough understanding to ask those questions before relying on the results.
AI and Corporate Governance introduces these issues through examples of emerging technology and possible boardroom applications. It explores both the appeal of AI support and the limitations that require human judgement. Read it as introductory commentary on early adoption. Product examples and regulatory references reflect the period in which it was written.
What the paper covers
Potential boardroom applications
Explore how generative AI could support governance tasks and what its growing use might mean for the people preparing information for boards.
Accuracy and bias
Consider hallucinations, unreliable answers and the risks of treating an apparently confident output as dependable evidence.
Information and suppliers
Examine the questions to raise about the information entered into AI systems and the ways service providers use the technology.
An approach to AI use
Read the policy considerations at the end of the paper as a starting point for discussion within your organisation.
Who the paper is for
Company secretaries, directors and governance professionals who want an introduction to the use of generative AI in governance and the questions it raises for oversight.
A question to take into a supplier conversation
Does the provider use AI, what is the system trained on, and what information will be entered into it? The paper uses these considerations to bring the discussion back to how the technology is actually used.
Why download the paper
It gives governance teams a short introduction they can use to begin a discussion about AI use and policy. Its value lies in the oversight questions, with historical examples providing context for the early debate.
How to use it
Identify which uses and risks are relevant to your organisation, then check current product terms and guidance before taking the discussion into policy or operational decisions.
Download AI and Corporate Governance
Read the paper and identify the AI oversight questions your team needs to explore.
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Further support
For support with board oversight and AI policy frameworks, explore our AI and technology governance service.
