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29 July 2024 / Brief
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Copy LinkArtificial intelligence (AI), often likened to the 21st-century equivalent of electricity, is set to revolutionize society in ways that are yet to be fully understood or anticipated. As AI becomes increasingly integrated into everyday life, it presents immense potential, but also introduces the risk of errors and unintended consequences. Based on the current underlying architecture of AI applied to business (i.e., large language models), this brief offers a framework for robust AI oversight and governance. Its objective is twofold: to minimize the risk of errors and to prepare companies for potential litigation that may arise from such errors.
Artificial intelligence (AI), often likened to the 21st-century equivalent of electricity, is set to revolutionize society in ways that are yet to be fully understood or anticipated. As AI becomes increasingly integrated into everyday life, it presents immense potential, but also introduces the risk of errors and unintended consequences. Based on the current underlying architecture of AI applied to business (i.e., large language models), this brief offers a framework for robust AI oversight and governance. Its objective is twofold: to minimize the risk of errors and to prepare companies for potential litigation that may arise from such errors.
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