This morning the New England chapter of National Association of Corporate Directors, in conjunction with the National organization, presented it annual “Visionaries” panel discussion, which addressed what boards (and companies) needed to be thinking about in the face of domestic and international developments and in light of advances in AI. This is the first and introductory post covering take-aways from that meeting; its purpose is to indicate the participant senior executives and the companies they head, as providing context for their reactions and concerns.
Gary Cohen, CEO of iRobot, obviously a robotics company, based in the US.
Tamara Lundgren, Executive Chair of Radius Recycling, which recycles metals from cars and the like and is viewed as a global leader in that space.
Greg Smith, CEO of Terodyne, a semiconductor and robotics company with international operations.
Sean Keohane, CEO of Cabot Corporation, a chemical and materials company which, it should be noted, conducts 80% of its production and sales outside of the United States.
The three following posts discuss the following matters, and the discussion has been broken into topics for purposes of controlling the length of each post and to permit readers to select which topic(s) are of interest to them. That said, there is obvious interaction among these topics and one might choose to run through all of them.
- What should boards and companies be thinking about given the dynamic changes in the domestic and world-wide today?
- What will AI change and not change, and how do people and companies learn to live with those changes?
- What should board in particular consider and how should they act, given the above challenges?