10 Best Leaders Of The AI Age,Shaping a New Technological Era-2024

VOL 03 I ISSUE 21 I 2024 10 Best 10 Best LEADERS of the LEADERS of the New AI Age, shaping a AI Age, shaping a New Technological Era Technological Era 2024 2024 AI Democra?za?on Leaders Bridging the Gap Between AI Experts and Non-experts The Fundamentals Analyzing the Risk and Reward in AI Technology Investments Manan Kakkar Cybersecurity AVP Providence Scripting Cyber Success Manan Kakkar and the Future of Healthcare Security

The Future is much easier to get excited about than the Past

Editor’s Note Leading with Integrity in the New Technological Frontier tep into the realm of innovation, where visionary leaders don their capes and steer us into a new era of possibilities. These aren't your run-of-the-mill captains of industry; they possess a rare S blend of skills that transcend mere technical know-how. They guide their organizations through uncharted territories and reshape entire industries in their wake. At the heart of this new era lies visionary thinking, the ability to peer into the misty future and discern the needs of tomorrow for both their company and the industry at large. These leaders have an innate knack for spotting emerging technologies, sensing market shifts, and predicting disruptions, positioning their companies for long-term triumph. In a world where change is the only constant, adaptability and agility reign supreme. Thriving tech leaders are like agile dancers, swiftly adjusting their steps to the rhythm of the market. They embrace change, seeing challenges not as obstacles but as steppingstones towards growth, fostering a culture of perpetual evolution within their organizations. As technology becomes increasingly intertwined with society, ethical considerations take center stage. Leaders of this technological revolution prioritize ethics, ensuring their organizations operate with integrity and accountability. They grasp the societal implications of their creations, striving to develop technology that upholds ethical standards and values. But they don't go alone. Successful tech leaders understand the power of collaboration and inclusivity, assembling diverse teams that bring a myriad of perspectives and talents to the table. By fostering an environment where every voice is heard, they ignite the flames of innovation, equipping their organizations to tackle the multifaceted challenges of the modern tech landscape. In this brave new world, the customer is king. Tech leaders recognize the paramount importance of delivering products and services that genuinely serve the needs of their users. By staying attuned to their customer base, these leaders can fine-tune their strategies based on real-world feedback, ensuring their innovations hit the mark in the marketplace. Embark on a journey with CIOLook as we delve into the captivating tales of the 10 Best Leaders of the AI Age, shaping a New Technological Era - 2024. Discover their visionary insights, their adaptability in the face of change, their ethical compass, their collaborative spirit, their customer-centric focus, their willingness to take risks, and their unwavering commitment to lifelong learning. These qualities aren't just desirable; they're indispensable. Through their leadership, these titans not only shape the destiny of their organizations but also leave an indelible mark on the ever-evolving landscape of technology and its impact on society. So, flip through the pages and immerse yourself in these captivating narratives. It's a journey you won't soon forget! Anish Miller E

Scripting Cyber Success 08 Manan Kakkar C O V E R S T O R Y and the Future of Healthcare Security Profile Heather Domin 20 Championing Responsible AI Ini?a?ves Through Ethical Leadership Articles AI Democratization 16 Leaders Bridging the Gap Between AI Experts and Non-experts The Fundamentals 24 Analyzing the Risk and Reward in AI Technology Investments

Featured Person Company Name Brief Ajit Jaokar Ajit is a renowned expert in the field of artificial Course Director: University of Oxford Artificial Intelligence: intelligence (AI) with a focus on cloud and edge conted.ox.ac.uk Cloud and Edge implementations. implementations Pooja M Bansal Andreas Mattsson Andreas' dedication to fostering a positive company Editor-in-Chief Evaxion Biotech A/S Chief AI & Culture culture and empowering employees has contributed to the evaxion-biotech.com Officer and Founder at company's success and reputation in the industry. Evaxion Biotech A/S CONTENT FOLLOW US ON Bhavana Bhagat Bhavana is a seasoned leader in the field of talent Genpact Vice President, development, with a focus on data and artificial genpact.com Talent Development - intelligence (AI). Data & AI WE ARE ALSO AVAILABLE ON Emma is a seasoned leader in the field of artificial DESIGN Haleon Emma Duckworth intelligence (AI) and data science, known for her expertise in leveraging data-driven insights to drive haleon.com Head of AI & business success. Data Science Florin collaborates closely with stakeholders to identify CONTACT US ON opportunities for leveraging AI to solve complex business Florin Rotar Avanade challenges, enhance customer experiences, and drive Chief AI Officer avanade.com operational efficiencies. SALES Heather Domin Heather is a passionate advocate for responsible artificial intelligence (AI) practices, known for her leadership in IBM Global Leader for driving ethical and socially conscious AI initiatives on a us.ibm.com Responsible AI global scale. Initiatives Joshua continues to lead with passion and determination, Inquisio.AI Joshua Penner TECHNICAL driving forward the organization's mission and vision inquisio.ai Founder and CEO while creating value for its stakeholders. Kate Carruthers As the Head of Business Intelligence at the UNSW AI Head Of Business UNSW Institute, Kate plays a pivotal role in shaping the Intelligence - UNSW unsw.edu.au SME-SMO institute's data strategy and initiatives. AI Institute Lisel is a distinguished leader in the field of data Lisel Engelbrecht engineering, analytics, and artificial intelligence (AI), Executive Head : Standard Bank South Africa renowned for her strategic vision and expertise in Data Engineering, standardbank.co.za leveraging data-driven insights to drive organizational Analytics and AI success. sales@ciolook.com Manan is known for his ability to lead cross-functional Manan Kakkar Providence teams, develop comprehensive cybersecurity programs, March, 2024 AVP, Cybersecurity providence.org and mitigate cyber threats effectively.

Scripting Cyber Success Manan Kakkar and the Future of Healthcare Security Manan Kakkar Cybersecurity AVP Providence My team’s role is to facilitate the development of a cohesive cybersecurity strategy that’s aligned Cover to the CISO, CIO and CEO’s vision. S t o r y

Scripting Cyber Success Manan Kakkar and the Future of Healthcare Security Manan Kakkar Cybersecurity AVP Providence My team’s role is to facilitate the development of a cohesive cybersecurity strategy that’s aligned Cover to the CISO, CIO and Cover CEO’s vision. S t o r y

anan Kakkar serves as the Cybersecurity Within Providence Health, Manan is a driving force, With a watchful eye, Manan’s team oversees execution What sets them apart is the unique AVP at Providence, a hub where technology guiding the organization towards a future where with both engineering and business teams. It’s the background of their SecOps leader and CISO, M thrives. His journey, rooted in a robust technology, security, and innovation converge incorporation of strategy, budget and execution where drawing from intelligence and armed forces. This academic background in Telecommunication seamlessly. Manan leads the way with utmost precision. background not only brings expertise but also engineering, led him into the intricate domain of valuable connections, enabling collaborations with cybersecurity. At EY, he pioneered the M&A Let’s delve into a narrative of transformation, resilience and Words to Shields entities like the FBI. Manan emphasizes the complexity Cybersecurity practice within EY-Parthenon. of the challenge, highlighting the need for a dedicated visionary leadership, marking Manan as a trailblazer in the ever-evolving world of cybersecurity! Manan’s journey into healthcare cybersecurity is as ecosystem working tirelessly to safeguard our health During his tenure at Deloitte, Manan showcased intriguing as it is inspiring. “I’ve had a very interesting system and society. strategic brilliance by leading enterprise-wide risk Guardian of Digital Fortresses path into cybersecurity and now into healthcare assessments. He crafted proactive security strategies, cybersecurity,” he reflects, tracing his steps from being a Data: The Double-Edged Sword transforming reactive measures into effective shields Manan embodies a crucial role in shaping a robust telecom engineer to delving into the intricate world of against risks. Manan not only designed plans but also cybersecurity strategy. His team acts as the linchpin, networks and core technologies. His knack for writing Manan delves into the complexities faced by leaders in operationalized them, ensuring organizations could integrating the visions of the CISO, CIO and CEO into a led him to tech journalism, immersing him in breaking the intricate world of cybersecurity. “There are cyber detect, monitor, respond, and recover effectively. seamless plan. “My team’s role is to facilitate the news stories. Grad school was a turning point, getting risks, compliance risks, regulatory requirements,” he points development of a cohesive cybersecurity strategy that’s him back on track to networks and business out, emphasizing the multifaceted nature of the Beyond his corporate role, Manan is a tech enthusiast aligned to the CISO, CIO and CEO’s vision,” he states management and laying the foundation for his challenge. Balancing the need for security with the and a prolific writer. His analytical skills extend to earnestly. They meticulously allocate budgets, cybersecurity career. His tenure at Deloitte and EY demand to ‘move fast’ in the tech landscape creates a dissecting technologies and predicting their impact on explaining their choices to various teams and ensuring sculpted his expertise, especially in pioneering delicate equilibrium. future landscapes. He holds the esteemed title of every penny aligns with their strategy. cybersecurity due diligence during M&A, a concept Microsoft MVP for Windows Desktop, solidifying his considered revolutionary at the time. “Anything regulated has to be locked down, that’s not reputation in the tech sphere. negotiable,” he asserts, underlining the non-negotiable Manan’s journey reflects his resilience and innovation. aspects of compliance. Yet, he navigates the gray areas, where data becomes a competitive advantage. Here, “I learned about deploying Oracle Identity Management tools, Qradar, pivoted to cybersecurity strategy work which collaboration is key. “We have to work with data got me exposure to a lot of industries like Healthcare, public custodians and customers, challenging everyone on the sector, restaurant industry, etc.,” he recounts. His problem being solved,” he explains. expertise wasn’t confined to digital realms—he I learned about ventured into physical security assessments, leaving an Manan's effective leadership is evident in his approach, deploying Oracle Identity indelible mark on internal audit reports. where he demonstrates a nuanced understanding that Management tools, Qradar, each case is unique. “We cannot lock down everything His pivotal moment arrived when he collaborated with because that will restrict science and business pivoted to cybersecurity Providence’s CISO, embarking on a transformative development,” he wisely notes. His strategy? Finding the strategy work which got me mission. “That’s how I ended up here and that’s where we middle ground where reasonable guardrails are set. are going,” he states with determination. Manan's story exposure to a lot of industries highlights the core qualities of leadership—a In the intricate interaction of security, compliance and like Healthcare, public sector, combination of expertise, adaptability and the bravery progress, Manan demonstrates effective leadership. He restaurant industry etc. to advocate for innovative approaches. strikes a nuanced balance between firmness when required and cooperation when feasible. This approach Shielding the Vulnerable guarantees not only cybersecurity but also nurtures innovation and organizational development. “It’s extremely challenging for the teams and the industry at large,” he admits, acknowledging the constant barrage Strength in Being Consistent of new technologies and techniques employed by cyber threats. Guided by decisive leaders, his team comprises “Consistency is key in cybersecurity,” he asserts, exceptionally skilled individuals adept at both tools and emphasizing the need for uniform application of manual validation of alerts. Their strength lies in controls. Under the visionary leadership of CIO BJ strategic partnerships with cybersecurity industry Moore, Providence embarked on a transformative vendors, enriching their defense with shared threat journey. “We’ve worked with the regional and folks on the intelligence. ground embedded in the hospitals,” Manan explains.

This collaborative approach allowed them to centralize he stresses, acknowledging the need for awareness This change isn’t merely theoretical—it’s a their cyber resources, processes and technologies. without hindering critical care. shift in mindset and approach. If any task arises As digital giants like where cyber wasn’t involved early, their team The result? A streamlined system enabling the The second challenge delves into the intricate steps in, highlighting the missed opportunity and Amazon and Walmart step implementation of crucial controls like MFA system- healthcare vendor landscape. “Securing connections and demonstrating how early engagement accelerates into healthcare, Providence, with wide and a comprehensive endpoint security strategy. addressing vulnerabilities in biomedical devices pose a huge processes. its century-long legacy, must Internally, efforts to consolidate vendor tools have challenge,” he admits, revealing the complexity that streamlined their cyber stack significantly. keeps their team vigilant. This concern isn’t just a Manan’s perspective unveils a fundamental rapidly embrace technology. theoretical worry—it’s a tangible issue that occupies truth—collaboration is the cornerstone of a robust Manan's statement highlights a crucial reality—amidst their thoughts, especially their dedicated SecOps cybersecurity strategy. “For any mature cyber changing threats, steadfast and unified cybersecurity leader. organization, this is a key to success,” he states, stressing the importance of building relationships with non- strategies are pivotal. They guarantee the safety and people who keep an eye out for regulatory changes, existing resilience of digital infrastructure. In these challenges, Manan demonstrates leadership cyber stakeholders. laws and rules,” he emphasizes. through a deep comprehension of the human dimension of cybersecurity and a proactive strategy in In his view, understanding others’ challenges and In Compliance We Trust The synergy between legal, compliance and technical addressing the intricacies within their control. This is actively assisting in problem-solving breaks down leaders is crucial. They delve into the nuances, traditional barriers. It’s a refreshing take on In the world of regulations and compliance, Manan achieved while preserving the core principles of patient deciphering interpretations and motivations behind care, showcasing a keen balance between technical cybersecurity, one where engagement and trusts his team of experts. “We have some very smart requirements. Manan expertise and compassionate service. understanding pave the way for innovation and demonstrates leadership by efficiency. recognizing the collective Pioneering Cyber Sentinels intelligence within his team, Beyond Firewalls ensuring seamless alignment Manan sees innovation as a diverse continuum. “We between legal and technical look at this as a spectrum,” he explains. “Sometimes, Manan’s approach to staying updated is as diverse as aspects. solving the simplest problem requires innovation in some the ever-changing tech landscape. “I’m subscribed to fundamental ways.” He delves into the complexities, blogs, journalists, across platforms like Twitter, Threads, Prescribing Solutions illustrating how even seemingly straightforward tasks LinkedIn, newsletters, and traditional media outlets,” he demand innovative approaches. reveals. His strategy encompasses a broad spectrum, In his extensive journey from formal CVE alert systems to insights from spanning diverse sectors, From implementing multifactor authentication across a vendors. Manan pinpoints two crucial vast healthcare network to exploring groundbreaking challenges in healthcare avenues like Generative AI, his team navigates this In the midst of abundant information, Manan adeptly cybersecurity. “Firstly,” he spectrum with finesse. “There are product innovations or explores podcasts, extracting valuable insights. His begins, “we must ensure moon shots,” he elaborates, citing their collaboration diverse approach demonstrates leadership, as he cybersecurity controls at with federal agencies and ventures into Generative AI. integrates numerous sources, guaranteeing a hospitals and clinics without comprehensive perspective in the swiftly changing disrupting frontline Certainly, Manan underscores the significance of technology landscape. caregivers.” incremental and process innovations, which he asserts have a considerable impact on daily operations. From Wielding the AI Shield For Manan, the balance Manan's viewpoint, innovation is not a remote idea but between robust security and a dynamic force that molds their strategies, ensuring In the field of AI and cybersecurity, Manan outlines the seamless patient care is the safety of the healthcare system they protect. dual responsibilities of cyber teams. “Our first role is to paramount. He recognizes support AI initiatives of other teams,” he states, the disparity between his Uniting Forces highlighting their collaborative nature. Yet, there’s a tech enthusiasm for formidable challenge—the rise of GenAI technology. measures like MFA and a At Providence, Manan observes a pivotal shift, one he “Attackers and defenders both have access to these tools,” nurse’s focus on patient deems as the most significant personal transformation Manan observes, emphasizing the decreasing skill safety. “Our caregivers are within the organization. “Moving cyber more to the left of barrier for malicious actors. targets, so we focus on non- a process’ and ‘cyber having a seat at the table are not just disruptive security controls,” concepts but integral parts of our extended leadership Despite these challenges, he sees a silver lining. “The team,” he emphasizes. cyber and tech industry are also doing some cool things

with these technologies,” he notes, pointing towards Cyber Wisdom innovative solutions. GenAI isn’t just a hurdle—it’s a bridge. “Asking Gen AI what the next steps are—there are Manan advocates a profound principle ways this technology will help bridge the talent gap in in leading the path—empathy and cyber,’ he explains, showcasing the potential of AI in sympathy. “Understand the motivations of your empowering cybersecurity professionals. customers and align your goals with theirs,” he Subscribe Subscribe emphasizes. His approach underscores a In the dynamic landscape of evolving technology, fundamental truth—being an enabler fosters Manan demonstrates leadership by acknowledging understanding and collaboration. “Be curious about the challenges and recognizing the transformative problems people are trying to solve and be enablers,” he potential of these technologies. He ensures that cyber urges, challenging the conventional ‘no’ mindset. T To odda ay y T To odda ay y teams stay adaptive and proactive in addressing emerging threats. For him, cybersecurity revolves around comprehending objectives and constraints rather than imposing Where Technology Meets Tenacity restrictions. By encouraging curiosity and empathy, leaders can connect innovation with security, fostering Manan recognizes the need for swift adaptation. “As a balanced environment where risks are recognized and CHOOSE OUR SUBSCRIPTION digital giants like Amazon and Walmart step into solutions are developed collaboratively. Manan's healthcare, Providence, with its century-long legacy, must insight applies not only to cybersecurity but also serves rapidly embrace technology,” he asserts. Under visionary as a universal leadership principle—promoting 1 Yea« 6 M·h¯ leadership, technology has seamlessly integrated into understanding, enabling cooperation and nurturing patient care. Yet, challenges loom. “We have to securely collaboration for shared success. 12 I¯¯¼e¯ 6 I¯¯¼e¯ roll out AI models, ensuring the safety of underlying data,” he explains, highlighting the complexity of their task. $250 $130 Manan’s strategy embodies foresight—a multifaceted approach. “We prepare for advanced adversaries, 3 M·h¯ 1 M·h employing a defense in depth approach,” he states, emphasizing the resilience required to safeguard 3 I¯¯¼e¯ 1 I¯¯¼e Providence. $70 $25 It's not merely about embracing new technologies, but also about strengthening their foundations. Amidst rapid evolution, the primary objective of delivering care must remain steadfast. According to Manan, leadership entails not only embracing innovation but also Stay in the known. reinforcing the current state while envisioning a secure and technologically advanced future for healthcare at Providence. S¼b¯c«lbe · CIOLOOK Get CIOLOOK Magazine in print, and digital on www.ciolook.com Asking Gen AI what the next steps are—there are ways this technology will help bridge the talent gap in cyber.

AI Democratization Leaders Bridging the Gap Between AI Experts andNon-experts n today's advancing technological background, Artificial Intelligence (AI) has emerged as a transformative force across various industries. AI has the potential to I revolutionize how businesses operate, healthcare is delivered and governments function. However, AI's successful integration into these sectors requires effective communication and collaboration between AI experts and non-experts. Leaders play a pivotal role in bridging this gap, fostering a harmonious environment where AI can thrive while addressing concerns and challenges faced by non-experts. The Divide Between AI Experts and Non-Experts AI experts, including data scientists, machine learning engineers, and AI researchers, possess the specialized knowledge required to develop and implement AI solutions. On the other hand, non-experts, such as business executives, policymakers, and healthcare professionals, may lack the technical understanding of AI but are responsible for making critical decisions that involve AI technologies. The disparity in knowledge and expertise can lead to misunderstandings, mistrust, and missed opportunities. The Challenges of Communication Effective communication is at the heart of bridging the gap between AI experts and non-experts. AI experts often use technical jargon and complex algorithms to explain their work, making it difficult for non-experts to grasp the potential benefits and limitations of AI applications. Moreover, non-experts may have concerns about the ethical implications, privacy issues, and the impact of AI on their industries and job security. Leadership's Role in Bridging the Gap Leaders in organizations, government bodies, and academic institutions have a critical role to play in bridging this divide. Here are key ways in which leaders can facilitate effective collaboration between AI experts and non-experts: 16 17 www.ciolook.com | March 2024 | www.ciolook.com | March 2024 |

Education and Training: Leaders should invest in AI non-experts. This can be done through performance literacy programs for non-experts to familiarize them evaluations, bonuses, or promotions based on with the fundamentals of AI. This includes workshops, successful cross-functional projects. seminars, and online courses tailored to the specific needs of different industries. Open Forums: Establish regular forums, such as town hall meetings or cross-functional brainstorming Cross-Functional Teams: Encourage the formation of sessions, where AI experts and non-experts can openly cross-functional teams that include both AI experts and discuss ideas, concerns, and progress related to AI non-experts. Collaboration among diverse perspectives initiatives. can lead to innovative solutions and a better understanding of AI's potential and limitations. Ethical Considerations and Responsible AI Leadership Effective Communication: Leaders should promote Leaders must prioritize ethical considerations when clear and accessible communication between AI bridging the gap between AI experts and non-experts. experts and non-experts. AI experts should be trained This involves: to convey complex ideas in simple terms, and non- experts should feel comfortable asking questions Ethics Committees: Establish ethics committees or without fear of judgment. boards that include diverse perspectives to evaluate and guide AI projects and policies from an ethical Ethical Guidelines: Establish clear ethical guidelines standpoint. and frameworks for AI development and deployment. Leaders should ensure that AI projects adhere to these Privacy Protection: Enforce strong privacy protections guidelines, addressing concerns related to bias, and data security measures to alleviate concerns about transparency, and accountability. data misuse and breaches. Transparency and Accountability: Leaders must hold Fairness and Bias Mitigation: Implement measures to AI projects accountable for their impact. Regular detect and mitigate biases in AI algorithms, ensuring assessments and audits of AI systems can help build that AI systems do not perpetuate discrimination or trust among non-experts and ensure ethical practices. inequality. Reskilling and Upskilling: Provide opportunities for Continuous Monitoring: Regularly monitor the ethical non-experts to acquire relevant skills in AI. This could implications of AI systems throughout their lifecycle, include reskilling programs for employees and training from development to deployment, and be prepared to initiatives for policymakers. make adjustments as needed. Promoting Diversity: Encourage diversity within AI Public Accountability: Promote transparency in teams to bring in a wider range of perspectives and decision-making processes related to AI ethics and insights. Diverse teams are more likely to consider the invite public scrutiny to hold leaders accountable. social and ethical implications of AI technologies. Bridging the gap between AI experts and non-experts is Fostering a Culture of Collaboration a multifaceted challenge that requires leadership at various levels, from organizational leaders to Leaders must work to foster a culture of collaboration policymakers and government officials. between AI experts and non-experts within their organizations or institutions. This involves not only By fostering a culture of collaboration, promoting creating opportunities for interaction but also transparency and prioritizing ethics, leaders can incentivizing and valuing contributions from both sides. facilitate a more inclusive and responsible integration Some strategies include: of AI into society. In doing so, they can harness the transformative power of AI while addressing the Incentive Structures: Recognize and reward concerns and ensuring the well-being of non-expert collaborative efforts that involve both AI experts and stakeholders. 18 www.ciolook.com | March 2024 |

"I have had the privilege of playing a leadership role and contributing to groups like the Data & Trust Alliance Heather Domin User Group for Algorithmic Bias Safeguards for Workforce," Heather Championing Responsible AI Initiatives continues. "Additionally, I have contributed to initiatives such as the Through Ethical Leadership NIST Generative AI Public Working Group and the Ohio State University Program on Data and Governance's Expert Group on Responsible AI eather Domin's professional journey working with partners to further IBM's position as an Management," she adds. seamlessly aligns with IBM's ethos of industry thought leader. H excellence and responsibility in the technology In her role as Associate Director for sector. Heather was drawn to IBM's renowned "My focus is on driving responsible AI initiatives both the Notre Dame—IBM Tech Ethics reputation as a trusted technology leader, built on a externally and internally," she emphasizes. "Together, Lab, Heather establishes foundation of innovation and ethical practices. Now, as we're advancing IBM's commitment to providing trusted collaborative research addressing the Global Leader for Responsible AI Initiatives, technology, such as the IBM watsonx platform," she adds. tech ethics areas like AI risk scoring Heather embodies these values, epitomizing excellence and return on investment in AI within the company. Principled Foundations ethics and governance. "I also serve as a World Economic Forum Fellow, With a fervent belief in technology's potential for "I believe foundational practices should always be tied to focusing on generative AI research," company principles," Heather emphasizes. "At IBM, our societal good, Heather's journey into the world of she notes. "Recently, I joined the responsible technology began long before she Trust and Transparency principles and pillars of International Association of Privacy undertook her current role as a Global Leader for Explainability, Fairness, Robustness, Transparency, and Professionals AIGP Exam Development Privacy guide our practices," she explains. Responsible AI Initiatives at IBM. Board to help guide the certification of professionals in AI governance," During her academic pursuits, Heather delved deep In developing and executing foundational practices, Heather states. She affirms that all senior leadership support and networks from each of into the realms of emerging technology, for example these efforts aim to positively exploring the intricacies of Radio Frequency the company's business units are critical to success. It influence the broader technology Identification (RFID) and its implications on trust within takes many people and different types of expertise to industry and society. successfully put principles into practice. businesses and society. This early fascination laid the groundwork for her enduring commitment to Achieving Balance responsible technology. "My approach to the development and execution of foundational practices in AI ethics within Privacy and Balancing academic pursuits, However, it was more recent events that further Responsible Technology could best be described as Heather Domin professional certifications, and deepened Heather's dedication to the ethical principle-based and collaborative," Heather shares. "This Global Leader for leadership roles, focus and work cannot be done alone, and I'm truly fortunate to dimensions of AI. "For example, learning of disparities Responsible AI prioritization are crucial. Taking in AI performance across demographic groups and have had the pleasure of working with many talented Initiatives action early helps avoid being hearing of troubling instances of facial recognition and passionate individuals," she reflects. overwhelmed by multiple deadlines. IBM misuse," Heather recognized the urgent need for For instance, completing comprehensive safeguards. This pivotal moment Tech Ethics in Action certification renewal requirements spurred her to focus her PhD research on the ethics of ahead of schedule rather than facial recognition technology, aiming to dissect One of the most exciting parts about working on waiting until the last minute. concerns and identify viable solutions. emerging technologies and practices is that they can provide a tremendous opportunity for improved human Heather shares, "My sense of balance Driving Responsible AI well-being, productivity, and economic growth. Heather stems from my passion for my work explains that with the speed at which technology is and my gratitude for life's blessings. I Heather directs and advises on global strategic evolving, it's critical to stay connected with a wide believe in giving back and contributing responsible AI initiatives within the IBM Office of range of stakeholders within the tech industry and where I can. I also have a love for Privacy and Responsible Technology. She plays a pivotal broader society. role in building subject and technical expertise while 20 21 www.ciolook.com | March 2024 | www.ciolook.com | March 2024 |

She finds inspiration in her colleagues who tackle significant technology ethics issues. "Knowing that I am not alone and that our collective efforts will lead to a better future for us all keeps me driven," she expresses. Leading with Integrity If you see a For aspiring leaders passionate about promoting ethical practices in AI and technology, Heather recommends problem that seeking areas where leadership is needed. "If you see a problem that needs to be solved and think you can help, see needs to be how you can get involved," she advises. Starting small is perfectly acceptable, as most endeavors do. "We all solved and have unique gifts to contribute, and the world needs yours. You can make a difference," Heather emphasizes. think you can help, see how Cultivating a growth mindset and seeking out learning opportunities are crucial. For instance, leveraging you can get resources like IBM SkillsBuild for AI and AI ethics credentials can be valuable. "Pursuing certifications like involved. the IAPP AI Governance Professional Certification can also pave the way," Heather suggests. Additionally, finding mentors and like-minded peers for support is essential in fostering personal and professional growth. "In any area we wish to grow, support is crucial," Heather concludes. being and achieving sustainability goals. "Initiatives in learning, whether it's through reading, writing, researching, perspectives. Heather notes, "Open and honest dialogue research, open resources, common standards, institutional or engaging with others.” in working groups and other forums can help deepen a guardrails, and education are crucial," she notes. broader understanding of issues." Similarly, internal Since she genuinely enjoys what she does, it doesn't understanding is crucial. Heather explains that new Contributing to these initiatives and shaping the feel like work—it feels like fun. This perspective greatly team members often require education and open technology landscape and governance to maximize discussion to comprehend the importance of aids in maintaining balance. Moreover, Heather benefits and reduce risks feels like personal success to prioritizes faith, relationships and health to ensure a performing their roles. Heather. "By actively engaging in these areas, we can strive well-rounded life. towards a future where technology serves society in the Moreover, business decision-makers require evidence best possible way," she states. The Role of Advocacy and understanding. Heather shares, "I've worked to ensure corporate-level policy updates reflect current Perspective and Perseverance requirements and published research on how organizations In navigating the complexities of technology, understanding its benefits and risks is essential. can justify investments in AI ethics and governance." This Maintaining perspective is crucial, notes Heather, Heather emphasizes that a clear explanation of the concerted effort helps to ensure alignment with emphasizing the significance of keeping the bigger evolving needs and fosters informed decision-making. benefits and potential concerns, accompanied by picture and a long-term view during momentary examples can be helpful in gaining buy-in and challenges. "Patience is key—patience with people and agreement to take action. This holds true for both The Imperative for Industry and Government patience with the process of change," she adds. Reflecting external and internal advocacy efforts. on the progress made serves as motivation to Heather emphasizes the importance of continued focus persevere. "Progress is possible, and witnessing it daily External advocacy involves engaging with diverse from industry and government leaders on embracing inspires me," Heather shares. technology's benefits while enhancing human well- stakeholders, each bringing valuable experiences and 22 23 www.ciolook.com | March 2024 | www.ciolook.com | March 2024 |

The Fundamentals Strategic Considerations for AI Investment Investors considering AI technology investments should adopt a strategic Analyzing the approach. It involves analyzing the specific AI technologies a company develops or utilizes, understanding the company's market Risk and Reward position, and evaluating its financial performance. Another important aspect is in AI Technology assessing the management team's expertise in both AI and business operations. A company with a strong leadership team and a Investments clear vision for AI applications is more likely to succeed in this competitive market. Coinvesting represents an example of AI technology investments. This brand focuses on leveraging AI in investment strategies, valuating AI technology investments requires understanding the reflecting the growing trend of integrating AI technology's current state, potential for future development, and into various business operations. E applicability across different industries. Investors need to balance the Coinvesting's approach highlights the potential high returns of AI investments against the inherent risks associated with potential of AI in enhancing investment emerging technologies. This balance is key in making strategic investment decision-making processes. decisions in the AI sector. Understanding AI Technology Investments Investing in AI technology is an area that's drawing significant attention from a variety of investors. Different factors influence the potential risks and rewards associated with such investments. The rapid evolution of technology contributes to both the uncertainty and potential of this sector. Investors often assess the market trends, the technological advancements in AI, and the financial performance of AI companies to gauge the viability of their investments. Evaluating the Risk Factors One of the primary concerns in AI technology investment is the unpredictability of technological advancement. The pace at which AI technologies evolve can render certain products or services obsolete quickly. Another risk factor is market saturation, with numerous companies vying for a share in the AI market, leading to intense competition. Additionally, regulatory changes can impact AI technology investments. Legislation around data privacy and AI ethics is evolving, and changes in these areas can affect AI companies' operations and profitability. Assessing the Reward Potential On the flip side, AI technology investments can offer substantial rewards. AI's application across various industries from healthcare to finance signifies its broad market potential. The efficiency and cost-saving advantages of AI technologies can drive profitability for businesses adopting these technologies. Moreover, the ongoing advancement in AI technology indicates a long-term growth trajectory for companies in this sector. 24 25 www.ciolook.com | March 2024 | www.ciolook.com | March 2024 |

The Importance of Diversification Companies that invest in continuous learning and improvement of their AI technologies are more likely to Diversification is a key strategy in eliminating risks sustain growth over time. associated with AI technology investments. By investing in a range of companies across different The Impact of Global Trends on AI Investments applications of AI, investors can spread their risk. It's also important to consider the stage of the companies Global economic and technological trends significantly in their development. Early-stage companies might influence AI technology investment. Factors such as the offer higher growth potential but come with higher increasing prevalence of high-speed internet, the risks, while more established companies might provide growth of data analytics, and the expansion of cloud more stability but slower growth. computing infrastructure contribute to the growth of AI technologies. Additionally, geopolitical events and Future Outlook of AI Investments economic policies in key markets like the United States, China, and Europe can affect the global AI technology Looking ahead, the AI technology sector shows signs of sector. Investors need to stay informed about these continued growth. Innovations in AI are likely to open global trends as they can impact investment new markets and opportunities for businesses. opportunities and risks in the AI technology market. However, investors should remain aware of the Understanding these broader economic and evolving nature of technology and regulatory technological trends is essential for making strategic AI environments. Staying informed about these changes is technology investment decisions. important for making well-informed investment decisions in the AI technology sector. Final Thoughts The Role of AI in Different Sectors Investing in AI technology involves a careful balance of risk and reward. By understanding the specific factors AI technology's impact varies across different that influence the AI market and adopting a strategic industries, each presenting unique opportunities and approach, investors can navigate this dynamic sector. challenges for investors. In healthcare, AI is being used The potential for significant returns exists, but it comes to improve diagnostic accuracy and patient care, with the need for thorough research and strategic suggesting a strong growth potential. However, the planning. As with any investment, the importance of high cost of research and development in this sector due diligence and a well-considered strategy cannot be can be a risk factor. In contrast, the finance sector overstated in AI technology investments. utilizes AI for algorithmic trading and risk assessment, areas with rapid growth but also subject to stringent regulatory scrutiny. Comprehending these industry- specific dynamics is necessary for investors in making informed decisions about where to distribute their resources within AI technology. Long-Term Vision in AI Investment Investing in AI technology requires a long-term perspective. Short-term market fluctuations can be misleading, given the nascent nature of many AI technologies and their long development cycles. Investors might benefit from focusing on companies with a clear long-term vision and a sustainable business model. This approach involves evaluating a company's research and development pipeline, its capacity for innovation, and its ability to adapt to market changes. 26 www.ciolook.com | March 2024 |

Artificial Intelligence is not a substitute for human intelligence; it is a tool to amplify human creativity and ingenuity. www.ciolook.com

10 Best Leaders Of The AI Age,Shaping a New Technological Era-2024

10 Best Leaders Of The AI Age,Shaping a New Technological Era-2024

Presentation Transcript

SHAPING A NEW NATION

Leaders of the progressive era vocabulary

The Dawn of A New Age

The Next Era of Global Technological Development

A New Generation of Leaders

CHAPTER 10: Fundamentals of the New Age

The dawn of a new era

Mesozoic Era (Age of the Dinosaurs)

THE DAWN OF A NEW ERA…

GTC 2018: A New AI Era Dawns

“The New Era” “The Jazz Age” “Era of Wonderful Nonsense” “Dollar Decade”

The Age of AI

Shaping a New Nation

Technological Process of New Era Restaurant Businesses

The New Era of Business Leaders.

Cutting-Edge Solutions Shaping the Future: A Technological Odyssey

Navigating Availability Bias in the Age of AI: Shaping Informed Decisions

Exploring the Future of AI: Discovering New Technological Achievements

AI in Self-Driving Cars: Unraveling the Technological Evolution Shaping the Futu

Top 10 AI Leaders Shaping Innovation

Top 10 AI TRENDS IN 2024

The Best In Class Leaders Shaping The Future of Leadership