Lawyers
Digital Technology Group Chair Katherine Forrest spoke with Corporate Board Member on how directors can better evaluate AI's return on investment. In “What’s Your AI ROI?,” published June 18, Katherine discusses the AI-associated risks corporate directors need to assess when making technology investments, and highlights key questions directors should consider asking before investing in AI: What is the ROI; how are competitors using the new technology; and what is the timeline for results?
Avoiding making AI investments is not a good strategy, she says, or companies risk isolation and obsolescence. “You need to look around outside the castle and decide if you want to let a drawbridge down,” Forrest says. “But you need to let down a careful, cyber-controlled drawbridge.”
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