To embed, copy and paste the code into your website or blog: To capitalize on the promise of artificial intelligence and alternative data, boards need to anticipate and mitigate various risks. Takeaways Neither regulators nor the public will be satisfied with “black box” decisions. Reputational risk must be weighed alongside legal requirements. The Potential Alternative data and artificial intelligence (AI) have generated tremendous excitement in the business world. The technology offers the potential for faster, more efficient and more reliable decisions. Banks and fintech platforms already use them to make credit decisions, and they show promise in other areas, from fraud prevention to hiring decisions.