We often hear that data quality is an essential success factor for AI and a long list of other digital technologies. But what does that mean? I'm pretty sure that you are not alone in asking yourself this question, but not wanting to ask it out loud in fear of coming across as the most stupid person in the room. Don't worry, you are not. Actually, the question of data quality should be on the board's table more often.

En klassiske tilnærming til styrevalg er "hvem kjenner vi" - faktisk så mange som 80% av norske styremedlemmer hentes inn på dette grunnlaget. Jeg legger godviljen til og velger å tro at dette handler om opplevd trygghet, fordi vedkommende har lang fartstid og bransjeerfaring. Utfordringen er at den verden vi nå står i krever en langt større bredde i ferdigheter og kunnskap enn det man har trengt tidligere. Samtidig har styrenes rolle endret seg fra å være en ren kontrollinstans til også å være en strategisk motor for selskapet.

A key element in responsible and value-creating adoption of AI is competence. In fact, Chapter 1 Article 4 of the EU AI Act makes it mandatory to provide training to achieve relevant AI literacy. This article comes into force February 2nd 2025.

Digitalization in general and artificial intelligence in particular is often proclaimed to be the solution to most, if not all, sustainability challenges. We tend to think that digital is sustainable, because the data are just flying wirelessly through the air. We are, however, behaving like the mythical ostrich with its head in the sand. As we enter the festive holidays, consumption is surging. Wrapped in glossy paper we give and receive the latest and coolest within digital electronics, “powered by AI”.

Predictions for developments within artificial intelligence in 2024

ChatGPT is a useful tool for individual efficiency and productivity. It is, however, not a tool of strategic importance for a business.

Basic understanding of AI should be compulsory for any C-level or board director.