As artificial intelligence assumes a greater role in corporate decision-making, a new risk is emerging: organisations may be held accountable for decisions they cannot adequately explain, challenge or defend. For years, corporate boards have been warned that their next major crisis could begin with a cyberattack. The response has been substantial: investment in cybersecurity infrastructure,…
Artificial Intelligence is set to fundamentally reshape the financial sector, but its adoption must be guided by strong governance, fairness and accountability, said Swaminathan J, Deputy Governor of the Reserve Bank of India, in a recent address at SASTRA University. Speaking on “AI in Finance: What can change, what must never change,” He framed the…
In boardrooms across industries, artificial intelligence has become the new gospel. CEOs talk of “AI-first strategies” and investors reward companies that can sprinkle machine learning into their presentations. The rush to integrate AI into core business functions – finance, HR, logistics, compliance, risk – feels almost inevitable. Yet in this headlong sprint to automate and…
In India’s boardrooms, conversations about artificial intelligence often revolve around productivity, growth and digital transformation. Yet another theme, less glamorous but far more consequential, is emerging: the risk of AI bias and the legal exposure it creates. For a country positioning itself as both the world’s IT back office and a hotbed of digital innovation,…
