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GENERATIVE AI GOVERNANCE SOLUTIONS - KEY TAKEAWAYS
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2024 Digital Trust Summit Highlights
SECOND ANNUAL DIGITAL TRUST SUMMIT - A Leadership Summit for CEOs and Board Members
Per Your Invitation
9:00 am - 5:00 pm, Program
5:00 pm - 6:30 pm, Cocktails
Watson Institute at Brown University
Providence, Rhode Island
The Watson Institute at Brown University, The Conference Board, NASDAQ, Mayer Brown and Bank of America are convening the second in-person Digital Trust Summit at Brown University. The purpose of the Digital Trust Summit is to bring together CEOs and Board members to engage in a thorough discussion of ways of shaping digital culture to create true data leadership – thereby driving value and, importantly, reducing exposures to loss.
Speakers include Brian Moynihan, CEO of Bank of America, US Senators Jack Reed and Sheldon Whitehouse of Rhode Island, Senator Amy Klobuchar of Minnesota, Senator Richard Blumenthal of Connecticut, and Dr. Lori Esposito Murray, President of the Committee for Economic Development of The Conference Board.
At the Summit, CEO and Board member participants will explore ways in which they can set the intention to innovate through a culture of data ethics. This framework will allow leaders to anticipate, address and implement a culture that enhances responsible data stewardship.
The first Digital Trust Summit was held in March 2023. Guests praised the event as unique and containing “Davos-plus” content on generative AI and data leadership.
If you misplaced your invitation, please contact Shelene Clark.
Sponsors
![Sponsor Logos](/-/media/images/information/digital-trust-summit/2024/sponsor-logos/dts_sponsor-logo--4-tiers.jpg?rev=-1&hash=D981B973AC435D955E0CD117CBB0701D)
Logistics
The most convenient airport is TF Green, which has easy access to Uber/Lyft.
Please note: An emergency bridge closure is causing delays. Please plan on a 45-minute trip from the airport to the Watson Institute.
Shuttle service to/from The Watson Institute is available for all hotels. It is a twenty minute walk to The Watson Institute from the hotels.
For Drivers: Visitors may find parking in Lot 68 Upper, also called the Power Street Parking Garage, at 111 Power Street, two blocks from the Watson Institute. The entrance to the garage is located at the intersection of Power and Thayer Streets (map).
The Beatrice Hotel
The Beatrice Hotel
90 Westminster Street, Providence, RI
The discounted rate is $309 for attendees for the event.
Currently full, please contact the hotel directly.Aloft Providence Downtown
Aloft Providence Downtown
191 Dorrance St, Providence, RI
The discounted rate is $169 for attendees of the event
Currently full, please contact the hotel directly.The Hope Club
Currently sold out but a waitlist may be available upon calling
6 Benevolent Street
Providence, RI 02906
Why CEOs and Board Members Need This Summit.
Data is your company’s most important asset. Unlike other assets, however, data does not appear as an express line item on a balance sheet. Good will does. Digital innovation is on the rise. Global artificial intelligence spending was expected to reach $434 billion in 2022 and exceed $500 billion in 2023. Since the pandemic, companies have placed their digital strategies on overdrive. Whether AI is used to drive digital asset growth, blockchain, digital advertising, customer analytics, healthcare, financial services, education or national security, AI is at the core of the digital innovation that is crucial for companies.
However we have seen in the press how data and technology advances can go awry when attention to data leadership and ethics is not maintained from the top of the organization. Here are just a few examples:
- NASDAQ listed companies lost over $1.4 trillion in market cap in 2022 due to data privacy.
- Concerns regarding algorithmic bias are on the rise around the globe. In the fall 2022, 3 transformative legislative proposals to eliminate biased algorithms and increase accountability were launched in the US, EU, and Brazil.
- The FBI estimates that cybercrimes cost our global economy $6.9 trillion last year. These costs will rise to $10.5 trillion by 2025. If data breach were a country it would be the 3rd largest GDP behind the US and China.
- The FTC recently named a CEO individually liable for a 20 year consent decree relating in part for failing to implement “basic” security measures.
- Recently, the US Department of Justice instituted a policy of holding CEOs and other leaders accountable for their compliance program that are increasingly covering data.
Whether as a by product or a result, Axios reported in 2022 that:
- “Trust in tech companies has continued to decline in the U.S. and Canada, while rising in most of the rest of the world. That's according to fresh data from Edelman's annual 2022 Trust Barometer, shared first with Axios.”
- “[O]nly 54 percent of Americans trust tech companies to do the right thing.”
Companies investing aggressively in their digital strategies have created value for their shareholders. In fact, Axios has reported that companies demonstrating a “data privacy-forward” approach have enjoyed an increase in market cap of over $2 trillion -- even as market caps have broadly declined.
Summit Leaders
MOderators
Special Guest Speakers
Luncheon Speaker
Speakers
Agenda
- 9:00
Welcome
- Dr. Lori Esposito Murray, Trustee of the Committee for Economic Development of The Conference Board and former President
- Jon Van Gorp, Chair, Mayer Brown
- Christina Paxson, President Brown University
- Dominique Shelton Leipzig, Partner and Leader, Global Data Innovation, Mayer Brown
- 9:20
Fireside Chat
- Lesley Stahl, CBS News 60 Minutes
- Brian Moynihan, CEO, Bank of America
- 9:45
Current and Future State of Technology
- Francis J. Doyle III, Provost, Brown University
- Lara Abrash, Chair of Board, Deloitte
- Heather Gentile, Executive Director of Product management watsonx.governance, IBM
- Ellie Pavlick, Professor, Brown University; Research Scientist, Google Deepmind
- Ben Rossen, AI Policy & Regulation, Legal, Open AI
- Kevin Lavin, CEO, Ankura
- 10:30
Current and Future State of Deployment
- Amy Nordrum, Executive Editor, Operations, MIT Technology Review
- Emalick Njie, CEO, Ecotone
- Jocelyn Mangan, Board Member, Papa Johns, Wag, ChowNow; Founder, Him for Hers
- Robin Washington, Board Member, Alphabet Inc., Salesforce, Honeywell
- Malik Boykin, Assistant Professor, Brown University, Cognitive Linguistic and Psychological Sciences
- Matthew Hiltzik, Founder, President, and CEO of Hiltzik Strategies
- 11:15
Break
Video: Dr. Rumman Chowdhury, Chief Executive Officer & Co-Founder, Humane Intelligence; Time Top 100 Most Influential People in Artificial Intelligence - 11:30
Senator's Remarks
- Arsen Kourinian, Partner, Cybersecurity & Data Privacy, Mayer Brown
- US Senator Jack Reed
- US Senator Richard Blumenthal
- US Senator Amy Klobuchar
- Vilas Dhar, President and Trustee, Patrick J. McGovern Foundation; Member, UN Advisory Body on AI
- 11:55
Current and Future Legislative and Regulatory Environment
- Amy Nordrum, Executive Editor, Operations, MIT Technology Review
- Kris Shrishak, Senior Fellow, Irish Council for Civil Liberties
- Vilas Dhar President and Trustee, Patrick J. McGovern Foundation
- Kemba Eneas Walden, President, Paladin Institute; former acting national cyber director
- Howard Waltzman, Partner and Co-Leader, Public Policy, Regulatory & Government Affairs, Mayer Brown
- 12:15
Lunch & Fireside Chats
- Lesley Stahl, CBS News 60 Minutes with Amandeep Gill, United Nations Secretary-General's Envoy on Technology; Former Ambassador/Permanent Mission of India to the CD, Geneva
- Dottie Schindlinger, Executive Director, Diligent; with Jesus Mantas Global Managing Partner IBM and Board Of Directors, Biogen
- 13:30
How to Take Advantage of Business Opportunities
- Dan Bigman, CEO, Chief Executive Group
- Ramayya Krishnan, Dean, Heinz College of Information Systems and Public Policy, Carnegie Mellon University; National AI Advisory Committee
- Shalini Govil-Pai, VP & GM TV, Google; Board Director, YouGov
- Byron Loflin Global Head, Nasdaq Board Advisory and Nasdaq Center for Board Excellence
- Lisa Edwards, Chief Executive, Diligent; Board Member, Colgate-Palmolive
- Ivan Pollard, Lead on AI Hub, The Conference Board
- Bonita Thompson, Chief Executive Alliance
- 14:15
How to Address Business Risks
- Dan Bigman, CEO Chief Executive Group
- Lisa Ferri, Partner and Co-Leader of Life Sciences and Intellectual Property, Mayer Brown
- Felix Knol, COO/CRO and Co-Founder, Board Member, Cranium
- Chris Hetner, Cyber Risk Advisor, National Association of Corporate Directors (NACD); Former Senior Cybersecurity Advisor to the SEC Chair
- Brad Peterson, Partner, Technology & IP Transactions, Mayer Brown
- John Mancini, Partner, Intellectual Property, Mayer Brown
- Njeri Mutura, Assistant General Counsel, Microsoft
- 15:00
Break
- US Senator Richard Blumenthal
- 15:30
How to Address Social Opportunities and Risks
- Heidi Mitchell, Wall Street Journal (see article in WSJ's January 22, 2024 special edition on AI)
- Cid Wilson, President & CEO, Hispanic Association on Corporate Responsibility
- Harry Xu, CEO and Co-Founder BreezeML; UCLA CS Professor
- Cal Al-Dhubaib, Founder, Pandata
- Ivana Feldfeber, Director and Co-Founder, DataGenero
- 16:15
CEO's Perspectives on Governance of AI
- Heidi Mitchell, Wall Street Journal
- Hoan Ton-That, CEO and Co-Founder Clearview AI
- Steve Roycroft, CEO, RANE
- Will Lee, CEO, Ad Week
- Aldo Carrascoso, CEO & Co-Founder, Vivium Computing
- Dr. Lori Murray, Trustee of the Committee for Economic Development of The Conference Board and former President
- 16:35
Fireside Chat
- Amy Nordrum, Executive Editor, Operations, MIT Technology Review
- Peter Gleason, CEO, NACD
- Wayne Peacock, CEO, USAA
- 17:00
Closing
- Paul Washington, Executive Director, ESG Center at The Conference Board
- 17:15
Adjournment & Reception