
Creator(s): 
Sam Ip
Apr 23, 2024
Artificial Intelligence (AI) has made radical strides in the previous calendar year, reshaping the worldwide business enterprise landscape. With the fast adoption of generative AI, firms are eager to streamline procedures and relieve workloads. Even so, amidst the pleasure, it’s important for company leaders to tread cautiously and evaluate likely dangers and liabilities associated with this emerging technological know-how.
In the movie beneath, Osler Technological innovation Group associate Sam Ip delivers useful insights on navigating the swift integration of generative AI devices and how to proactively safeguard your organization. Our group of AI authorities is at the forefront of this evolving landscape, consistently getting ready policies and presenting steering on AI governance developments. Keep knowledgeable and safeguard your company by subscribing beneath.

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AI and AI-enabled technologies is not new and is all around us. From iPhone’s Siri, to our residence Alexa devices, android apps and chatbots, this future-technology know-how is discovering from us, predicting and preparing us for our up coming moves in all elements of our dwelling and performing lives.What is new are the huge queries for management all-around how to harmony the economic and wellbeing positive aspects with the significant threats of this new age. Economic modelling from McKinsey posted in June proposed new generative AI could add trillions of pounds to the worldwide financial state. The sectors established to obtain most are banking, life sciences and technology.Still everyone can gain, not least with the capability to align prospects and provider vendors closer than ever before, in what has been claimed as generative
Corporate governance encompasses the system of rules and
regulations that governs the affairs of a company. It seeks to
ensure that the financial and non-financial interests of all
stakeholders in the corporate ecosystem are balanced.
t is important to highlight that Corporate Governance is based
on three core principles which are accountability, transparency and
security. For the purpose of this newsletter, our focus will be on
security in relation to information technology as a principle in
Corporate Governance.
Information Technology (IT) is a broad term that involves the
use of technology to communicate, transfer data and process
information. The different trends in information technology include
but are not limited to analytics, automation, artificial
intelligence and cybersecurity1 . The world as we know it today is
controlled by information as these forms the basis for some of our
interactions, transactions, career and social network.
IT governance falls under security principles
