Source: White & Case

White & Case explores the growing responsibilities of corporate boards in overseeing the ethical and legal use of artificial intelligence. As AI technologies become integral to business operations, board members face complex challenges in balancing innovation with risk management, regulatory compliance, and ethical standards.

The article highlights key issues boards must address, including data privacy, algorithmic bias, transparency, and accountability. It stresses the importance of establishing governance frameworks to monitor AI deployment and ensuring that AI systems align with legal standards and corporate values.

Legal experts recommend that corporate boards adopt proactive strategies for AI oversight, including regular audits, ethical guidelines, and training programs for executives. The article also examines the potential liability risks boards may face if AI systems lead to legal violations or reputational harm.