Alan Wilson appears on The Pre Read podcast discussion
In the latest episode of Workiva's The Pre Read podcast, Alan Wilson, a partner, joined Steve Soter and Alyssa Zucker as guests to discuss the legal considerations for the use of Artificial Intelligence (AI) in businesses.
The podcast, which is produced by Workiva, covered a wide range of topics related to AI. Wilson emphasised the importance of representing AI's capabilities without misrepresentation, while the episode also delved into the current regulatory landscape for AI.
Wilson shared insights on the best practices for businesses implementing AI. These practices include strategically identifying high-impact use cases, engaging stakeholders, ensuring clear communication, and focusing on projects with strong Return on Investment (ROI) and feasibility.
In addition, Wilson highlighted the need for businesses to align with evolving AI regulations. This includes prioritising transparency, responsible data handling, and accurate representation of AI capabilities to avoid misrepresentation and regulatory risk.
Firms should also note the U.S. White House AI Action Plan, which encourages accelerating AI innovation while minimising regulations that might hamper development. However, it also promotes transparency, workforce readiness, and ethical practices.
Regulations may vary by jurisdiction, so firms should monitor state and federal guidelines, following best practices that align with enhancing AI accountability and fair use. Wilson also advised against misrepresentation by disclosing AI-generated outputs clearly and not overstating AI capabilities, thus protecting against legal liabilities and maintaining trust.
In summary, the episode underscored the importance of a balanced integration of strategy, stakeholder engagement, ethical transparency, and vigilant compliance with the evolving AI policy framework to promote innovation while managing legal and reputational risks.
Listeners can tune in to the full episode of The Pre Read podcast featuring Alan Wilson to gain more insights into the legal considerations for the use of AI in businesses. The podcast is available for listening now.
Technology plays a crucial role in the use of Artificial Intelligence (AI) in businesses, as Wilson explained during the latest episode of Workiva's The Pre Read podcast, emphasizing the need for accurate representation of AI capabilities and following best practices for implementation. As regulatory landscapes for AI continue to evolve, businesses must prioritize transparency, responsible data handling, and adherence to AI policies to manage legal and reputational risks while promoting innovation.
