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EY introduces global council to lead AI adoption and support

Technology
04 November 2024
ey introduces global council to lead ai adoption and support

The big four firm has established the EY.ai Global Advisory Council to guide AI strategy and adapt to fast-paced technological and market changes.

Following the launch of multiple AI platforms, EY has announced the EY.ai Global AI Advisory Council to provide the latest insights and guidance necessary to stay at the forefront of rapidly evolving AI technologies.

The council is set to “serve as a critical resource” and will assist the EY organisation on a global level to help navigate the complex technological landscape.

EY global managing partner and EY.ai Global Advisory Council chair, Raj Sharma, said the council had been created to better EY’s technological understanding and position in the market.

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“The astonishing pace of change being driven by AI demands that organisations proactively collaborate with a wide variety of AI leaders to stay ahead of the curve and shape their future with confidence,” Sharma said.

“The EY organisation is no different, being guided by focused knowledge from different backgrounds is essential for leading-edge innovation and helping clients manage ethical and security risks, regulatory compliance and responsible leading practices.”

EY noted the council would comprise a globally diverse set of industry and civil society leaders and would include AI-focused researchers, entrepreneurs, academics, ethicists and policy professionals.

“Each council member will possess extensive knowledge and insights around the technical, business, ethical and societal and regulatory implications of AI,” the firm said.

“Together, council members will provide insights into AI trends and their human implications, guiding governments and organisations on structuring and restructuring their models.”

The council is set to act as a sounding board for the organisation as it manages the transition between its various AI platforms, such as EY.ai, which launched in September 2023.

EY said it acknowledged the need for broad and diverse collaboration when deploying technology as impactful as AI and that the council would focus its guidance and input across three key areas.

Directing AI development and deployment with the EY organisation, helping EY professionals serve their clients’ transformations and working to address global challenges were the three key council areas listed by the firm.

Sharma, chair of the council, would lead with the assistance of EY digital and business disruption leader, Gil Forer.

Together, Sharma and Forer would be joined by 10 inaugural members across the EY global organisation to facilitate effective AI guidance and application.

About the author

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Imogen Wilson is a graduate journalist at Accountants Daily and Accounting Times, the leading sources of news, insight, and educational content for professionals in the accounting sector. Previously, Imogen has worked in broadcast journalism at NOVA 93.7 Perth and Channel 7 Perth. She has multi-platform experience in writing, radio and TV presenting, as well as podcast production. Imogen is from Western Australia and has a Bachelor of Communications in Journalism from Curtin University, Perth.

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