CEO of pharma giant Sanofi says businesses should stop ‘AI washing' [Fortune]
Sanofi - American Depositary Shares (SNY)
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Source: Fortune
However, Paul Hudson, CEO of Sanofi , one of the world's leading biopharmaceutical companies, says executives may need to rein themselves in when it comes down to how they describe their AI capabilities. At Fortune's Global Forum in New York City Monday, Hudson warned that executives have often exaggerated how AI is used by their companies. “There is a lot of AI washing and CEOs talking about AI projects,” he said, alluding to the tactic of overselling AI's potential without thinking through how to mitigate its risks. “You have to have rules of the game,” Hudson said, touting Sanofi's AI ethical review board, which projects are required to go through. “We need to be a bit more sophisticated in how we calibrate the AI.” Sanofi, which ranks 297th on the Fortune Global 500, recently announced it would sell a 50% stake of its consumer healthcare business Opella in an effort to focus primarily on innovation within biopharma. For Hudson, AI's potential in health care falls into two
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