Question 1

What is AI governance for boards?

Accepted Answer

AI governance for boards is the framework of policies, processes, and oversight mechanisms that enable board directors to fulfill their fiduciary duties regarding AI adoption, risk management, and strategic alignment. While 95% of companies invest in AI, only 34% have established governance frameworks.

Question 2

Which board committee should oversee AI?

Accepted Answer

AI oversight should be distributed across existing committees: Audit Committee handles algorithmic auditing and AI financial reporting; Risk Committee handles AI risk assessment and cybersecurity; Compensation Committee addresses AI workforce impacts; Nominating/Governance Committee ensures adequate board AI expertise.

Question 3

What is the EU AI Act and when does it take effect?

Accepted Answer

The EU AI Act is comprehensive AI regulation with an enforcement deadline of August 2026. Non-compliance penalties can reach up to 7% of global annual revenue. Alpha helps boards prepare for compliance proactively.

Question 4

What is Alpha?

Accepted Answer

Alpha is the leading independent provider of AI governance intelligence for board directors and C-suite executives. Alpha connects the boardroom to the technology ecosystem through research, advisory services, membership networks, and executive education.