Digital Scotland : AI: Is Scotland ahead of the game? Scotland

A number of recent articles by CMS highlight that the increasing use of AI has the potential to revolutionise the business environment across a wide range of sectors. However, with opportunities come new challenges for businesses and their directors. As the field of AI continues to move quickly in transforming business operations, and with the technology continually evolving, this article explores the impact of the increased use of AI for directors and senior managers and the potential repercussions for Directors & Officers' liability insurers. Directors ultimately bear responsibility for the implementation of AI within a business. They have an obligation to assess the benefits of using AI systems and to consider what new liabilities may arise as a result.