IBM and Esade have signed a strategic agreement to promote the use of artificial intelligence (AI) in corporate boards, aiming to empower their members to lead business strategies based on this technology. This agreement reinforces the vision of both institutions to foster open, ethical, and trustworthy AI, aligned with the principles of the global ‘AI Alliance.’
AI: The New Catalyst for Business Competitiveness
The collaboration seeks to equip board members with tools to understand the strategic impact of AI, positioning it as a key driver to enhance productivity, competitiveness, and the resilience of organizations. According to the IBM Institute for Business Value (IBV) report, 62% of CEOs already consider it necessary to transform their business models to leverage AI capabilities, highlighting its role as a disruptive technology.
A clear example is IBM, which has managed to optimize its internal processes, generating $3 billion in productivity improvements thanks to AI and automation. This success illustrates the potential of AI to redefine corporate strategies and generate tangible value.
A Comprehensive Framework for AI Adoption
The agreement establishes a framework designed to ensure the strategic and ethical adoption of AI in corporate boards. This framework encompasses key aspects such as:
- Ethical and Responsible Governance: Ensuring that AI models comply with ethical and regulatory standards, avoiding biases and errors (“hallucinations”).
- Data Management: Creating a solid data infrastructure that allows for contextually relevant models and generates reliable outcomes.
- Advanced Techniques: Including the use of tools like prompt engineering to optimize interaction with AI systems.
Additionally, continuous training for board members is promoted to prepare them for technological challenges and facilitate their adaptation to the digital environment.
Benefits for Companies
The strategic use of AI in corporate boards promises to yield multiple advantages:
- Reduction in the time spent analyzing information.
- Improvement in decision-making and risk identification.
- More efficient management of corporate knowledge.
- More effective advisory in key areas such as sustainability, innovation, and digital transformation.
A Necessary Change for the Future
Artificial intelligence is ushering in a new era in the business realm. According to the International Monetary Fund, AI will impact 40% of jobs worldwide by 2030, underscoring its potential to transform economic and social dynamics.
IBM and Esade also aim to foster public debate about the use of AI in large Spanish companies, addressing issues such as good corporate governance, data ethics, and diversity on corporate boards.
Conclusion
The alliance between IBM and Esade is a crucial step toward integrating artificial intelligence into the strategic decision-making processes of companies. With an ethical, innovative, and educational approach, this collaboration positions corporate boards as key players in the transition to an AI-driven future.