Day One of Compliance Week 2017 is in the books. The event is the largest ever with over 650 attendees. The conference opened this year with a Futurist, Dr. Brian David Johnson, who talked to the assembled group about where the compliance profession might be headed in 10 or 20 years out. It was a fascinating talk, and Dr. Johnson brought a high energy to the opening Keynote session. He also had some very significant things to say about the future of the compliance profession and the position of the chief compliance officer (CCO).
Of course, one of his key themes was Artificial Intelligence (AI). Dr. Johnson said there would be multiple grades of AI and most of them would fall into the range of what he called “Industrial Grade AI”. In this highest category would be sentient tools which will be aware, be able to process information in a manner which allows them to think and will be social. While there is talk about this type of AI in the realm of compliance, Dr. Johnson related he is not seeing much be actually done in this area.
