Alan Wilson Guests on The Pre Read Podcast
In the latest episode of Workiva's The Pre Read podcast, Alan Wilson, a partner, discussed the importance of implementing Artificial Intelligence (AI) in businesses in a responsible and transparent manner. The podcast, co-hosted by Steve Soter and Alyssa Zucker, touched upon various topics, including the current regulatory landscape for AI and best practices for businesses implementing AI.
Wilson emphasised the need for businesses to carefully consider legal issues, accurately represent AI's capabilities, and stay aware of the evolving regulatory landscape for AI. Specifically, he discussed the importance of understanding risks such as liability, data privacy, intellectual property concerns, and compliance with emerging laws around AI use.
To represent AI’s capabilities honestly, businesses should avoid misrepresenting what AI can do, which helps manage expectations and reduce legal or reputational risks. Wilson also highlighted that the regulatory environment is evolving, with agencies like the SEC signalling increased attention to AI disclosures, requiring companies to be proactive in governance and risk management related to AI deployment.
Wilson emphasised the need for organisations to engage legal, compliance, and risk teams early to navigate these complexities effectively. The episode highlights that AI is reshaping roles and disclosures, so CFOs, general counsels, and audit chairs must be prepared with the right questions and frameworks before releasing AI-related communications externally.
In sum, best practices revolve around a multidisciplinary approach ensuring AI implementation is legally sound, transparently communicated, and aligned with regulators’ expectations.
The full episode of Workiva's The Pre Read podcast featuring Alan Wilson is available for listening, providing valuable insights for businesses considering the adoption of AI. However, it's important to note that the podcast did not provide information about the specific businesses or AI applications being discussed.
[1] Wilson, A. (2022). AI Best Practices: Legal Considerations, Regulatory Landscape, and Transparent Communication. Workiva's The Pre Read Podcast. [2] Workiva. (2022). AI Best Practices: A Multidisciplinary Approach. Workiva's The Pre Read Podcast.
- Wilson underscored the significance of technology, specifically artificial-intelligence (AI), in businesses, stressing the importance of adopting AI in a manner that is both responsible and transparent, using AI best practices such as engaging legal, compliance, and risk teams early to navigate complexities effectively.
- In the rapidly evolving landscape of technology and artificial-intelligence, the podcast emphasized the need for businesses to be proactive in governance and risk management related to AI deployment, ensuring AI implementation is legally sound, transparently communicated, and aligned with regulators’ expectations.
