Do’s and Don’ts of Using AI: A Director’s Guide

Key Points

Directors who use AI on their own for corporate purposes need to be aware of some pitfalls particular to their roles.

Sharing confidential corporate information with chatbots should be avoided until it has been confirmed that the AI model will not train on the material or make it available to chatbot employees.

AI chats may be discoverable by regulators or litigation adversaries, potentially disclosing information that could be used against the company’s interests.

Using AI recording and transcription tools also could reveal confidential corporate information, or render the information vulnerable to disclosure from discovery or similar requests.

At the same time that AI chatbots and tools have begun reshaping how businesses operate — including how they strategize, optimize