Are you ready to lead and sustain AI responsibly? (#1)

Expect a series of rapid legislative changes to accelerate artificial intelligence (AI) concerns. This is a twenty-part blog series designed to help educate your board of directors and C-Suite leaders on what it takes to design, build, and maintain an AI Competency Center in your organization, and ensure that Governance issues are ready for artificial intelligence, it is designed. .

Let’s first establish conclusively that there is no doubt that AI will underpin everything as we know it. Artificial intelligence is revolutionizing industries, business models, products, and services, impacting literally every aspect of human life as we know it.

Humanity has experienced many innovations over the centuries that have disrupted the way work is done, but never in human history has technological change been so rapid and transformative.

Just look at the meteoric growth of OpenAI’s ChatGPT, which reached one million users in just five days, according to CEO Sam Altman. Other innovations we’re more familiar with, like Netflix, took more than 3.5 years to amass 1 million users. Going back in time to electricity, which was discovered in the mid-1800s, it took over a century for its actual release, and even today you might be surprised to discover that more than 16% of the world’s population, an estimated 1.2 billion people is hit They still live without this basic need.

This stark comparison reinforces that we live in an age where technological disruption will surely continue to create titanic megatrons with artificial intelligence, and we have a serious gap to ensure that the basic needs of all humans are met.

This is not only the growth volume of users, but also strongly reflected in the dynamics of market valuation. OpenAI is estimated to triple in value to between $80 billion and $90 billion, making the AI ​​startup behind ChatGPT more expensive than mainstream AI plays like Microsoft, Alphabet and Nvidia.

Does this make sense? Sounds like the wild west to me.

While the growth momentum of OpenAIs continues, other tech giants Google and Amazon are sitting on their laurels. Google recently announced a $2 billion investment in Anthropic, an OpenAI competitor, and Amazon has pledged $4 billion to help CEO and co-founder Dario Amodei build a next-generation model called Claude-Next. . An interesting fact is that Dario Amodi left his job at OpenAI because he wanted to build a more reliable model from scratch, and in 2021, he founded Anthropic with his sister Daniela and other former OpenAI employees.

Amidst this background, some unusual leadership decisions about AI responsible purges. Recently, Microsoft fired its AI ethics team in its latest round of layoffs of 10,000 employees. These decisions have me wondering, as an AI ethicist, why did this happen? Although Microsoft has maintained its commitment to AI, how are they going to ensure that deeper inspection methods are front and center in all of their products? Insiders say this sends a mixed market signal as the company accelerates its integration of OpenAI into its core products. I have to agree.

The reason I highlight this area is to show how important this dynamic of change is, how fast this transformation is happening, and to reinforce how AI will impact all of the digital literacy needs of employees. Additionally, CEOs and board leaders will have a huge responsibility to approach AI innovations with acute cybersecurity. eyes like a tiger To balance excitement and risk management, because AI hackers have recently increased their power with AI.

Starting to meet the needs of designing, building and maintaining an AI Competence Center is necessary for all organizations – regardless of size, industry, public or private – because staying relevant is not an option. In addition, the regulatory environment is becoming more stringent to ensure that responsible and trustworthy AI practices are distributed in society in a balanced manner.

This next blog in the series begins to unpack perspectives on governance, specifically discussing the role of the board director in relation to AI and identifying key leadership questions you need to know the answers to in order to manage risk.

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