Maria Lillà Montagnani

Corporate Governance and the Governance of Artificial intelligence

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Abstract

The spread of artificial intelligence (Ai) also includes the corporate sector, particularly as a means to assist the administration and control activities carried out by directors. Given the risks that an unsupervised use of technology can generate, the proposal for a European Ai Act introduces a set of rules aiming at ensuring that Ai systems are safe, transparent, ethical, impartial, and under human control. This article explores how corporate governance can accommodate the guidance provided by the Ai Act. To this end, it identifies the activities of administration and control that can be carried out with the aid of artificial intelligence systems and highlights the problems that their use poses. Indeed, it is through the analysis of concrete applications of artificial intelligence by the board that the indications developed by European institutions can be inserted into corporate reality.

Keywords

  • Artificial intelligence
  • Ai Act
  • Corporate governance
  • Technology governance
  • Transparency

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