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Stock impact report

Is Your Board Ready for AI? [Fortune]

Wayfair Inc. Class A (W) 
Last wayfair inc. class a earnings: 2/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.wayfair.com
Company Research Source: Fortune
“I'm a little bit worried that we'll see this building divergence, and some will be left behind,” says Rotar, during a virtual conversation hosted by Fortune in partnership with Diligent for The Modern Board series. Avanade, an IT services and consulting firm, has worked with hundreds of organizations and in those conversations found some boardrooms are getting “quite sophisticated in terms of using AI themselves,” Rotar says. Some use cases that have been deployed include relying on generative AI to better prepare for board meetings, piloting and prototyping simulated activist investor exercises, and AI-enabled tabletop exercise to better plan for risks to the business. Risks without proper AI governance But as board members dive into applying generative AI to their workflows, it could present some risks to companies if the proper AI governance isn't in place. That includes clear guidelines on how to adhere to safety, policies, and procedures without exposing sensitive company Show less Read more
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