ENG2418. Generative AI - Risk vs Reward: 2 Sides of the Same Coin (TCH, TPR, NAA)

Generative AI (artificial intelligence) continues to become increasingly embedded and intertwined in our everyday lives and a hot topic for discussion. Due in large part to its novelty and accessibility, Generative AI is breaking milestones exponentially faster than other breakthroughs and technologies, presenting great opportunities and threats simultaneously for individuals and companies. This session will explore governance, risk, and audit considerations that organizations are focusing on with the evolving Generative AI landscape.

Learning Objectives:

• Recognize the risk considerations organizations are facing with regulatory change with respect to Generative AI.
• Distinguish organizations’ responses to risks associated with Generative AI.
• Identify how Generative AI is impacting organizations’ data management processes and potential impact on audit considerations.