Fast Facts: Artificial Intelligence (AI)

In brief: Artificial intelligence (AI) is a branch of computer science around the creation of software that simulates human intelligence in computers. AI amplifies human cognitive abilities—providing solutions to problems where the complexity is too great, the information is incomplete, or the details are too subtle and/or require technical expertise which the user does not possess. This tool offers directors and senior business leaders examples of applications of AI and bite-sized information on AI’s benefits and challenges.  

This is how this resource can help your board:

  • Identify the challenges and opportunities presented by AI.
  • Demystify the applications of AI.
  • Assess trends in the use of AI across industries.

Most relevant audiences: full board, board chairs, audit committee chairs, risk committee chairs, chief executive officers, chief technology officers, chief information security officers, chief innovation officers, chief digital officers