On November 16-17, 2020, Anna Gressel and Avi Gesser from Debevoise’s Data Strategy and Security Group joined AI thought leaders from around the globe at “The Athens Roundtable on Artificial Intelligence and the Rule of Law.”  During the Roundtable, Avi and Anna were joined by Edward Stroz of Stroz Friedberg for an insightful panel on “Supervising AI: The Role of Corporate Boards,” which focused on how shareholders and regulators are looking to corporate boards to take a proactive role in establishing governance processes and supervising the complex risks posed by AI – whether regulatory, reputational, or operational.  The discussion touched upon:

  • Key questions corporate boards should be asking to ensure that they are informed about AI in the company, and how to strike the right balance between AI risks and opportunities;
  • How senior leadership and the legal department can effectively educate and brief boards on AI legal, regulatory, and operational risks;
  • What obligations boards have for supervising AI under U.S. law and global regulatory guidance; and
  • Best practices for board oversight and governance of AI programs.

The Athens AI Roundtable was hosted by the European Parliament’s Science and Technology Options Assessment Panel, UNESCO, the IEEE and other prominent institutions.  This two-day event focused on the progress of the AI governance initiatives of key participating regulatory and non-regulatory bodies, ongoing AI policy developments as well as the challenges and opportunities of AI.

To view a recording of our breakout panel on “Supervising AI: The Role of Corporate Boards,” please click here.

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Author

Anna R. Gressel is a senior associate and a member of the firm’s Data Strategy and Security Group and its FinTech and Technology practices. Her practice focuses on representing clients in regulatory investigations, supervisory examinations, and civil litigation related to artificial intelligence (“AI”) and other emerging technologies. Ms. Gressel has a deep knowledge of regulations, supervisory expectations, and industry best practices with respect to AI governance and compliance. She regularly advises boards and senior legal executives on governance, risk, and liability issues relating to AI, privacy, and data governance. She can be reached at argressel@debevoise.com.

Author

Avi Gesser is Co-Chair of the Debevoise Data Strategy & Security Group. His practice focuses on advising major companies on a wide range of cybersecurity, privacy and artificial intelligence matters. He can be reached at agesser@debevoise.com.