scholarly journals Toward artificial governance? The role of artificial intelligence in shaping the future of corporate governance

2020 ◽  
Vol 24 (4) ◽  
pp. 851-870
Author(s):  
Michael Hilb

Abstract The article explores the impact of the ongoing progress and adaptation of artificial intelligence on the practice of the corporate governance. It applies three lenses to artificial governance—the business, technology and society lenses—to assess the desirability, feasibility and responsibility of automating board-level decision-making to ensure effective corporate governance. Based on an assessment of the potential and limitations of human and machine learning for effective board-level decision-making, the article proposes five scenarios of artificial governance, i.e. assisted, augmented, amplified, autonomous and autopoietic intelligence, that are likely to shape the governance of organizations today, tomorrow and beyond. It discusses the implications of both the governance of and the governance with artificial intelligence in the three horizons and concludes with an appeal to board members to take an active role in understanding, imagining and shaping the future of artificial governance.

2018 ◽  
Vol 10 (3) ◽  
pp. 107-137
Author(s):  
Bruno A. Dias Pinheiro

Abstract COSAC has played an active role in fostering and developing interparliamentary he central question addressed here is to assess whether COSAC is currently structured to allow NPs to obtain more information and access to the policy and decision-making circuits at EU level and, therefore, if NPs are benefiting from COSAC or are they, on the contrary, lagging behind and lost amidst so many interparliamentary meetings? It is argued that COSAC occupies a key role in the multipolarised system of with the “global picture” and therefore in a unique position to bring coherence to the overall system. This paper therefore aims at putting forward some ideas and approaches regarding the role of COSAC in the effectiveness of interparliamentary cooperation, covering not only its present proceedings and output, but also some thoughts for further reflection on the future strengthening of COSAC.


2012 ◽  
Vol 9 (2) ◽  
pp. 9-20
Author(s):  
Henrique Cordeiro Martins ◽  
Carlos Alberto Gonçalves ◽  
ose Antonio de Sousa Neto ◽  
Marcio Augusto Gonçalves ◽  
Reynaldo Maia Muniz

The goal of this article is to analyze the constitution of the directors boards, based on their attributes, and the impact of this configuration on the roles and responsibilities of the board members in Brazilian Family Businesses. A research of a qualitative nature was carried out in 10 big family companies in Brazil. The results found point to the strategic roles as being the most relevant, but as a practical activity focused on the role of control. The Board has been more active at some moments, but is inactive at others, especially, when the concentration of capital is greater in some companies than in others.


2021 ◽  
Vol 106 ◽  
pp. 02012
Author(s):  
Olga Sushkova

This study investigates the impact of scientific and technological advances and adaptation of artificial intelligence on corporate governance practices. It applies or can be applied in three dimensions - business, technology, and society. Therefore, to assess the necessity, feasibility, effectiveness, and responsibility of decision-making automation at the Board of Directors (supervisory body of a legal entity) to ensure effective corporate governance, it is necessary to consider all normative regulators in the field of corporate law. Based on an assessment of the potential and limitations of human and machine learning for effective decision-making at the level of the collegial governance body, the Board of Directors, the paper proposes five AI-based governance scenarios, i.e., supportive, augmented, enhanced, autonomous, and autopoietic, that can shape the governance of organizations today, tomorrow, and in the future. It is important to understand the implications of such AI-enabled governance in the areas where the Board is empowered to make certain corporate decisions.


Author(s):  
Caroline Hartmann ◽  
Jimmy Carmenate

Frequent cyber-attacks on organizations in the last decade have caught the attention of practitioners and governance bodies, who have called for boards to take a more active role in managing and preventing future cyber risks. Governance surveys however, find that boards are not sufficiently prepared to address cyber security risks due to a lack of IT expertise. Firms have begun appointing technology experts, creating board level technology (IT) committees and delegating responsibilities to the audit committee as a means of managing cybersecurity risk.  With the aim of understanding the current and future role of governance mechanisms in managing cybersecurity risks, this paper reviews the existing cybersecurity guidelines and regulations, and summarizes the empirical research related to corporate governance, security breaches, and IT expertise in overseeing cyber risks. Finally, we discuss implications for practice, policy and researchers.


2020 ◽  
pp. 20200461
Author(s):  
Ruben Pauwels ◽  
Yumi Chokyu Del Rey

Objectives: The aim of this study was to assess the attitude of dentists and dental students in Brazil regarding the impact of artificial intelligence (AI) in oral radiology, and to evaluate the effect of an introductory AI lecture on their attitude. Methods: A questionnaire was prepared, comprising statements regarding the future role of AI in oral radiology and dentistry. A lecture of approx. 1 h was prepared, comprising the basic principles of AI and a non-exhaustive overview of AI research in medicine and dentistry. Participants filled in the questionnaire prior to the lecture. After the lecture, the questionnaire was repeated. Results: Throughout seven sessions at six locations, 293 questionnaires were collected. The majority of participants were undergraduate dental students (57%). Prior to the lecture, there was a strong agreement regarding the various future roles and expected impact of AI in oral radiology. Approximately one third of participants was concerned about AI. After the lecture, agreement regarding the different roles of AI in oral radiology increased, overall excitement regarding AI increased, and concerns regarding the potential replacement of oral radiologists decreased. Conclusions: A generally positive attitude towards AI was found; an introductory lecture was beneficial towards this attitude and alleviated concerns regarding the effect of AI on the oral radiology profession. Given the unprecedented, on-going revolution of AI-augmented radiology, it is pivotal to incorporate AI topics in dental training curricula.


Author(s):  
Michael Adler

This chapter considers the future of administrative justice. Using the United Kingdom as a case study, it argues that the rise and fall of administrative justice can be likened to the swing of a pendulum. It considers first-instance decision-making, the role of outsourcing, the expanding role of administrative review and its implications for administrative justice, the decline of tribunals and the rise of ombudsmen, the effectiveness of oversight arrangements, and the impact of digitalisation. It concludes that the future of administrative justice in the United Kingdom is unlikely to involve a replay of anything that has been encountered in the past.


2018 ◽  
Vol 1 (2) ◽  
pp. 31-42
Author(s):  
Raudatul Himmatil Mardiyati

The background of this researchwas by the fact that the role of youth in national development was still low becauseMuslims youth seemslike losing their way, experiencing stagnation of creativity, getting out of their natural rotation, and losing their role models in their lives.At this time many of the Muslims youth are ensnared by the globalization virus that eliminates the extraordinary youth figure throughout the history of Islam. Even that disseminated artists who are product of  temporal world. The impact of losing role modelsis can be imitating bad Western culture.Start from hedonism, wasting money, dating. This research find the results if want to build the people and seek the return of the glory of Islam, Muslim youth will take that role. Youth's active role as a moral force is realized by developing ethical and moral aspects in acting on every dimension of youth life, strengthening faith and piety and mental-spiritual endurance, and increasing legal awareness. One day  glory ofislam was an accumulative work between generations, the triumph of Muslims will never stand only with the blood of one young man, not only with the tears of a young man, not only with the idea of one young man, therefore what is needed by Muslims in the future was not a young man, but a youth union and movement that initiates the unity of Muslims


Author(s):  
Paul Stevens

This chapter is concerned with the role of oil and gas in the economic development of the global economy. It focuses on the context in which established and newer oil and gas producers in developing countries must frame their policies to optimize the benefits of such resources. It outlines a history of the issue over the last twenty-five years. It considers oil and gas as factor inputs, their role in global trade, the role of oil prices in the macroeconomy and the impact of the geopolitics of oil and gas. It then considers various conventional views of the future of oil and gas in the primary energy mix. Finally, it challenges the drivers behind these conventional views of the future with an emphasis on why they may prove to be different from what is expected and how this may change the context in which producers must frame their policy responses.


2021 ◽  
Vol 16 (4) ◽  
pp. 638-669
Author(s):  
Miriam Alzate ◽  
Marta Arce-Urriza ◽  
Javier Cebollada

When studying the impact of online reviews on product sales, previous scholars have usually assumed that every review for a product has the same probability of being viewed by consumers. However, decision-making and information processing theories underline that the accessibility of information plays a role in consumer decision-making. We incorporate the notion of review visibility to study the relationship between online reviews and product sales, which is proxied by sales rank information, studying three different cases: (1) when every online review is assumed to have the same probability of being viewed; (2) when we assume that consumers sort online reviews by the most helpful mechanism; and (3) when we assume that consumers sort online reviews by the most recent mechanism. Review non-textual and textual variables are analyzed. The empirical analysis is conducted using a panel of 119 cosmetic products over a period of nine weeks. Using the system generalized method of moments (system GMM) method for dynamic models of panel data, our findings reveal that review variables influence product sales, but the magnitude, and even the direction of the effect, vary amongst visibility cases. Overall, the characteristics of the most helpful reviews have a higher impact on sales.


Healthcare ◽  
2021 ◽  
Vol 9 (7) ◽  
pp. 834
Author(s):  
Magbool Alelyani ◽  
Sultan Alamri ◽  
Mohammed S. Alqahtani ◽  
Alamin Musa ◽  
Hajar Almater ◽  
...  

Artificial intelligence (AI) is a broad, umbrella term that encompasses the theory and development of computer systems able to perform tasks normally requiring human intelligence. The aim of this study is to assess the radiology community’s attitude in Saudi Arabia toward the applications of AI. Methods: Data for this study were collected using electronic questionnaires in 2019 and 2020. The study included a total of 714 participants. Data analysis was performed using SPSS Statistics (version 25). Results: The majority of the participants (61.2%) had read or heard about the role of AI in radiology. We also found that radiologists had statistically different responses and tended to read more about AI compared to all other specialists. In addition, 82% of the participants thought that AI must be included in the curriculum of medical and allied health colleges, and 86% of the participants agreed that AI would be essential in the future. Even though human–machine interaction was considered to be one of the most important skills in the future, 89% of the participants thought that it would never replace radiologists. Conclusion: Because AI plays a vital role in radiology, it is important to ensure that radiologists and radiographers have at least a minimum understanding of the technology. Our finding shows an acceptable level of knowledge regarding AI technology and that AI applications should be included in the curriculum of the medical and health sciences colleges.


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