Six urgent AI governance challenges for boards

At the recent NACD (National Association of Corporate Directors) summit in DC, we talked a lot about AI. An important report was released on AI and boards, and one of the findings was that six forces are driving AI governance challenges.

1️⃣ Advancements converging — As AI technologies rapidly evolve, risks increase as multiple innovations overlap and accelerate.

2️⃣ Inconsistent regulations — A patchwork of varying AI regulations globally is making compliance more complex and critical.

3️⃣ Trusted tech & data — Maintaining trust in how AI and data are used is becoming essential to long-term success.

4️⃣ Compressed timelines — AI is speeding up strategy timelines, pushing companies to adapt faster than ever.

5️⃣ Shifting advantages — AI is altering competitive landscapes, requiring boards to reassess where the true advantages lie.

6️⃣ Outpaced experience — Innovations are evolving so quickly that many board members find their expertise falling behind.

How is your board addressing these rapid shifts? What steps are you taking to ensure AI governance is strong and forward-looking?

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