MFDF Spotlight Archive - Onboarding AI: Do’s and Don’ts in the Boardroom

AI is pervasive and transformative, and fund boards are developing approaches to oversee use of AI by fund advisers and service providers.  But less has been said about how fund directors might themselves use AI and the related risks and caveats.  Sidley Austin's Nathan J. Greene & Carla G. Teodoro will highlight how board members might begin to appropriately leverage AI while remaining mindful of its limitations – both the obvious, such as “hallucinations” or other quality concerns, and more subtle issues such as confidentiality, legal privilege and recordkeeping.  Join Nathan and Carla for a discussion of trends, Do's and Don’ts, industry tales, and best practices.