Niamh O’Brien: Robust governance is key to harnessing the benefits of AI ...Middle East

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Niamh O’Brien: Robust governance is key to harnessing the benefits of AI
If companies don’t use powerful technologies responsibly they’ll create risks to reputation, legal standing and the bottom line OpenAI CEO Sam Altman. Photo: Justin Sullivan/Getty Images Considered to be one of the most significant technological leaps in recent history, artificial intelligence (AI) is set to transform industries, business models and wider society. As businesses embrace AI, they will lead the way in determining how it is used and play a pivotal role in shaping the parameters that govern its adoption. The European Union’s recent agreement on the AI Act and the increasing expectations of major investors, such as Norges Bank Investment Management, the Norwegian pen

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