Greystar’s AI Antitrust Settlement

Greystar

Anyone looking for insights into algorithmic misconduct arising from a company’s use of artificial intelligence may want to look at the apartment industry this week. The Justice Department just settled an antitrust case with the nation’s largest landlord that offers us a few points to ponder.  The settlement was announced last Friday between the Justice…

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AI vs. the Three Lines Model

Three Lines

Anyone who enjoys pondering the future of the internal audit and compliance professions may want to take note of a debate that erupted online last week about the Three Lines of Defense. It’s a fascinating discussion about how artificial intelligence might affect the Three Lines model, including whether AI might render the whole idea obsolete. …

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Notes From #RISK Conference

risk

This week I had the good fortune to attend the #RISK New York conference, a two-day event where 300-ish audit, risk, and compliance professionals gathered to talk shop about the evolving challenges of GRC and risk management. We had lots to discuss and I took lots of notes, so let me jot down a few…

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Hertz Lessons on AI Governance

Hertz

I didn’t plan on writing about artificial intelligence again so soon, but sometimes clumsy human intelligence at major corporations forces my hand. Hertz, please join us here in the spotlight today. Bring your AI adoption strategy along with you. The story is as follows. In April, car rental giant Hertz rolled out a new AI…

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Oh Boy: ‘Agentic Misalignment’ Risk

AI

Today we return to artificial intelligence, and a new report from AI software developer Anthropic that unpacks the threat of “agentic misalignment” —  that is, when an AI agent behaves in ways that no longer align with what an organization wants it to do. Brace yourselves, audit and compliance teams; there are nightmarish governance and…

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DC Dithers Over PCAOB, State AI Laws

pcaob

Time to revisit the policy-making nuttiness in Washington! Several measures relevant to compliance and audit professionals have gone through twists and turns lately as Republicans struggle to pass a budget bill that nobody likes, and we should ponder the potential implications for your compliance efforts back home. First (and somewhat to my surprise) Senate Republicans…

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Thoughts on the AI Job-Pocalypse 

AI

By now you may have seen one of numerous media reports recently that artificial intelligence is poised to decimate the white-collar job market in coming years. I’m not sure I agree with those dire reports, but clearly AI is going to transform how white-collar workers — such as compliance and audit professionals — arc through…

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Uh-Oh: AI’s New Whistleblower Impulses

whistleblower

Here’s a tough one for all you compliance professionals who like to think about artificial intelligence: how would you handle an AI agent in your enterprise that, all on its own, decides to report suspected misconduct directly to regulators?  This is no longer a theoretical question; it’s a possibility embedded within Claude Opus 4, the…

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GOP Moves Ban on State AI Laws

ban

Another bold move from Congress while you were sleeping last night: an important House committee voted to support a 10-year ban on states enforcing any laws or regulations they adopt for artificial intelligence. The vote happened at the House Energy & Commerce Committee, which was marking up various pieces of legislation destined to be part…

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Troubling New Data on AI Risks

AI

Today I want to go back to artificial intelligence and some of the policy management and corporate culture challenges that the technology keeps posing. KPMG recently released a wide-ranging survey of how people view and use AI, with statistics that could cast a long shadow over your own AI compliance efforts. Let’s take a look.…

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