Reducing the risks of AI innovation and adoption.
We help leaders understand the risks* associated with developing and deploying AI and connect them to the best solutions.
*Risks include: Strategic Risk (being out-competed); Financial Risk (making poor investment decisions); Operational Risk (vulnerable processes and systems); Regulatory Risk (impact of/compliance with new laws)
Navigating these threats is new and hard.
Our research programs & innovation communities are designed to help reduce the risks of AI innovation and adoption.
Our Services
Research & Insights.
We research and assess best- and next-practices related to all aspects of AI risk management and identify actionable-insights for leadership teams.
2. Communities of Innovation.
We stimulate the development of new AI Risk solutions for the market by orchestrating a network of leading innovators.
3. Education & Engagement.
We help leadership teams understand the opportunities and threats from AI and create internal alignment around risk-optimised strategy.
What is AI Risk and why is it important?
Recent developments in AI have triggered an arms-race between organisations (and nations) looking for new ways to increase productivity and competitiveness.
AI Risk embodies the challenges and uncertainties businesses and society face as AI becomes increasingly integrated into our daily lives.
For businesses, it involves navigating strategic, financial, operational, and regulatory uncertainties to harness AI's benefits while mitigating potential downsides.
For society more broadly, AI Risk raises concerns about ethical implications, privacy, security, and the impact on employment and inequality.
Understanding and managing AI Risk is crucial to ensuring AI technologies are developed and deployed in ways that maximize benefits, minimize harm, and uphold ethical standards, thereby fostering trust and sustainable progress.
“We don't know how to evaluate risk properly with these [AI] systems today” - Yoshua Bengio, member of the UN’s Scientific Advisory Board, Nov 2023
“The world's greatest AI powers agree on the urgency behind understanding the risks of AI - helping ensure the long-term future of our children and grandchildren." - Joint statement, Global AI Safety Summit, Bletchley Park, Dec 2023
Our Team
Simon Torrance - Founder and
CEO
Simon is an entrepreneur and senior independent advisor to Boards and Leadership Teams on new growth strategy, technology innovation, systemic risk and venture building. Simon is a regular keynote speaker, a member of the World Economic Forum's 'Accelerating Digital Transformation' executive working group, a guest lecturer at Singularity University, and co-author of 'Fightback - how to win in the digital economy'.
In 2023 he ran an in-depth think tank on AI Risk, supported by leading global organisations.
Simon is based in London and works with an international network of world-leading experts and partner organisations specialising in AI strategy and implementation, R&D and investment.
International network of leading AI Risk experts
Our virtual team comprises individuals who have deep expertise in all aspects of AI adoption and risk management.
Our Partners
To deliver our bigger programs we collaborate with world-class organisations specialising in AI Strategy and Innovation, AI Research & Development and Risk Management, including research institutes, advisory firms, software providers, insurers. (Watch this space for more details)