2023-04-25 19:04:55
The set of practices, policies and organizational structures that seek to establish and maintain an effective management system in a company is known as corporate governance. These rules, norms, principles and processes define how a company is directed, managed and supervised, with the aim of protecting the interests of shareholders, ensuring transparency, accountability, equity and corporate responsibility.
For the Brazilian Institute of Corporate Governance (IBGC), transparency in mandatory reports helps companies to mature their positioning in the market and define more assertive practices, in addition to favoring continuous learning.
Artificial Intelligence (AI) technology has been used in various sectors and areas of society. If, on the one hand, it offers opportunities and agility in tasks, on the other hand, the lack of broader and more defined regulation generates uncertainties and concerns.
“AIs can be applied in many ways, from predicting customer behavior to offering goods and services to real-time credit analysis, fighting fraud and improving cybersecurity. But the adoption of technology brings with it enormous challenges, such as the ethical implications, which require regulation of the technology”, says Maurício Ferro, businessman and lawyer.
Ferro cites as an example the film Minority Report, in which predictive intelligence is used to prevent crimes, but it has a margin of error. “Even small, if there is a case in the margin of error, it puts the whole system in question. It is necessary to have guidelines for responsible use and draw boundaries, limits for the use of artificial intelligence”, explains the lawyer.
Future
Technology can play a significant role in the evolution of corporate governance, with the use of tools such as the aforementioned Artificial Intelligence, data analysis and blockchain to improve the transparency, efficiency and security of governance processes. This can include improvements in information disclosure, risk management and communication with stakeholders.
“For now, lawmakers, activists, and academics are debating the ethical limits of artificial intelligence. Without a universal or governmental guideline, it is up to companies to police themselves”, concludes Ferro.
To learn more, just access: www.mauricioferro.com.br
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