CEO says she’d welcome AI-bot board member: ‘If you don’t have an AI agent at every meeting, you’ll miss out’

That’s why Haneke FaberCEO of a global technology manufacturing company LogitechShe said she would be open to the idea of ​​having an AI-powered board member.

“We already use[AI agents]in almost every meeting,” Faber told Fortune. Summit of the most powerful women In Washington, D.C., on Monday.

While today’s AI agents (e.g Microsoft The co-pilot and internal robotics mostly take care of summarization and idea generation, and this is likely to change due to the pace of technology development.

“As they evolve — and some of the best agents or assistants we’ve built do things themselves — that comes with a whole bunch of governance stuff,” Faber said. “You have to be mindful and make sure that you really want that bot to take action. But if you don’t have an AI agent in every meeting, you’re going to lose some productivity.”

“This robot, in real time, has access to everything,” she continued.

Reshima Kemps Polanco, Executive Vice President and Chief Commercial Officer of the global pharmaceutical company NovartisShe also said she was training an AI bot to help manage a “very rigorous commercial launch process.” The robot is being trained to evaluate the team’s launch plan, and has become “smarter and smarter” at asking strategic questions, she said.

“They are trained to look for holes in the plan,” Kemps-Polanco said during a session titled “Anatomy of the Global Economy,” which he presented. Novartis. “In some cases…I actually found two or three things that I might have missed, things that would add value.”

The importance of data

Other panelists noted that AI is only as good as the data it is trained on.

“Garbage in, garbage out,” said Andrea Callis, head of U.S. strategy and communications at the global consulting firm. He catches. “We are essentially building artificial stakeholders to understand stakeholders” using artificial intelligence to obtain and understand data.

Tracy Masseychief operating officer of the consumer intelligence company NinthObtaining and using the wrong data can be very costly, he said.

“It’s very important to have really good data,” she said. “Then you build analytics on top.”

However, this can be a challenge for small businesses with fewer resources that are still using legacy technology platforms to collect data. But even these companies have time to “catch up” given that AI is in its nascent stage, Massey said.

However, the “vast majority” of executive teams feel as though they are lagging behind in adopting AI, Teneo’s Callies said.

“Everyone feels like they are one step behind,” she noted. “Everyone feels like they’re chasing their peers, because it’s moving so fast.”

But Callies reminded the audience that AI development and adoption is still in the innings, to use a baseball analogy.

“We’re not just at halftime,” she said. “We’re in first place at bats, in the first inning.”