Camilo Sandoval, former Senior White House Advisor, shares insights on leveraging AI for enterprises’ competitive advantage, as well as managing risks and ensuring quality of AI systems. Regulations such as the EU AI Act and GDPR underscore the need for enterprises to balance innovation with compliance, to maintain trust and avoid legal repercussions.

This conversation is a must-listen for those planning to integrate quality AI solutions into their enterprise’s operations, while effectively managing AI risks.

Camilo Sandoval has held prominent positions in top federal agencies, most notably having acted as the former Senior Advisor for White House and the third Chief Information Security Officer of the United States, specialising in Artificial Intelligence, cybersecurity, and technology systems. His tenure as Chief Information Officer at the Department of Veterans Affairs involved managing a $4.5 billion tech budget and leading 16,000 IT professionals, resulting in transforming the VA's IT department into a model of operational excellence, supporting over 380,000 employees and 9 million veterans.

Camilo shares invaluable insights on integrating AI to gain a competitive advantage in businesses, effectively managing risks and ensuring quality of AI systems; and outlines key challenges and essential features for successful adoption of AI solutions.

Here are the highlights from our conversation:

• Reputational risk is significant; errors or biases in AI can quickly damage an organisation's reputation in the digital age.
• Operational integrity is vital; failures or errors in AI systems can disrupt operations and lead to inefficiencies.
• Trust and reliability are paramount, especially in sectors such as healthcare and finance, where AI decisions significantly impact daily lives.
• The recent EU AI Act and GDPR impose stringent regulations on AI systems, requiring organisations to balance innovation with compliance to avoid legal repercussions and maintain trust.
• Managing AI risk and quality is crucial for ensuring lawful, fair, innovative, and trustworthy technology for sustainable and robust AI scenarios.
• The competitive edge of effective AI systems determines whether organisations drive innovation or fall behind in the marketplace.
• Successful adoption of AI procurement platforms can lead to more efficient and responsible deployment of AI technologies, driving innovation and building trust in government initiatives.

Welcome to "ROI of AI: Unlocking Potential," our interview series featuring industry experts, and business tech leaders who discuss the potential of AI, enterprise success stories, ethical AI procurement, regulatory landscape and AI risk and quality management. Tune in here weekly for in-depth video discussions.