In this episode of The AI Adoption Podcast, I am joined by Janine McKelvey, General Counsel for Data, AI and Security at BT Group, to discuss the critical aspects of AI adoption, focusing on governance, compliance, and the strategic implementation of AI within organisations.
Janine shares insights on the essential elements of an AI strategy, understanding the AI supply chain, conducting impact assessments, and navigating legal considerations. The conversation highlights the need for skills development in AI, the impact of AI on compliance and legal jobs, and the balance between governance and value in AI initiatives.
Key messages
1. AI strategy is essential for organisations considering adoption.
2. Understanding the AI supply chain is important for risk management.
3. Impact assessments help identify potential risks associated with AI.
4. Compliance with regulations is necessary for safe AI deployment.
5. Skills development is vital for effective AI integration.
6. AI can enhance productivity by automating mundane tasks.
7. Organisations must balance governance with the pursuit of value.
8. Legal considerations are critical in AI procurement and deployment.
9. AI's impact on jobs will create new opportunities and roles.
10. Continuous learning and adaptation are necessary in AI governance.
Chapters
00:00 The Components of an AI Strategy
10:11 Building an AI Supply Chain: Key Considerations
17:59 Achieving Compliance with Limited Resources
26:01 Skills and Capabilities Needed for AI Adoption
29:11 AI's Impact on Legal and Compliance Jobs
32:16 Advice for Boards Adopting AI