AI enables computers and other devices to perceive, analyze and adapt to their environments and perform tasks that would normally require humans. AI enables machines to think, learn and respond on their own, becoming increasingly autonomous. In effect, AI allows machines to contribute more intelligently to business activities.
AI is transforming all industries. CEOs agree that AI will impact every facet of business, offering unprecedented ways to innovate and grow.
Boards will want to understand AI’s opportunities, and its risks. Here are some questions boards can ask management about how AI will fit into the company’s strategy: