Business leaders should embrace AI’s transformative power to shape innovative business models and processes by focusing on human-centred AI to realise results and impacts.
Artificial Intelligence (AI) is changing the face of work, our economies, and society (McKinsey 2024). Businesses worldwide are embracing AI’s transformative power, reshaping how they operate and innovate (The Conference Board 2024). To regulate the rapid advance of AI and to protect the interests of stakeholders, the EU Council has approved the world’s first AI Act – stating comprehensive rules surrounding artificial intelligence technology (European Parliament News 2024).
Last year, Goldman Sachs Research predicted that generative AI could boost GDP and raise labour productivity growth over the coming decade (Goldman Sachs 2024). A lot of executives can see the economic potential of generative AI. Yet even those who see benefits report a lack of knowledge about AI, concerns about privacy and security, and concerns about over-investing in an early version of the technology. According to business surveys, very few CEOs expect AI to significantly impact their business over the next one to three years. Most executives expect a significant impact over the three-to-10-year horizon (Goldman Sachs 2024).
AI is a double-edged sword. On one hand, using AI can exponentially improve effectiveness and efficiency. However, on the other hand, it can bring risks to privacy, integrity, the economy, and humanity (The Conference Board 2024).
This hybrid event – “AI for Business Leaders – Opportunities and Challenges” – aims to shed light on the following:
Following the presentations, there will be a panel discussion. We will delve into key considerations below:
*BritCham Shanghai reserves the right to alter the above agenda at any time.
Notes:
In case of cancellation, please kindly note you must email the BritCham Shanghai Event staff eloise.zhang@britishchambershanghai.cn before 5 pm, 14 August. Due to the service charges of Glueup and online payment platforms, we can only partially refund up to 90% of your ticket price and payment will be processed within 14 days after the event via your original payment method. However, it is non-refundable for a cancellation request made beyond the above-mentioned timeframe.
BritCham Shanghai Office
Room 2107, 699 West Nanjing Road,
Oriental Center, Jing’an District, Shanghai
上海市静安区南京西路699号东方投资大厦2107室