Lesson 1499 of 2116
AI supplier code of conduct update for AI use
Use AI to draft updates to a supplier code of conduct covering supplier use of AI on the firm's data.
Lesson map
What this lesson covers
Learning path
The main moves in order
- 1The premise
- 2supplier code
- 3AI governance
- 4third-party risk
Concept cluster
Terms to connect while reading
Section 1
The premise
AI can draft supplier code updates that set expectations for supplier AI use on firm data without overreaching into supplier internals.
What AI does well here
- Define expected disclosures for supplier AI use
- Lay out data handling, training-use, and incident reporting expectations
- Draft attestation language for annual confirmation
What AI cannot do
- Set the firm's risk appetite
- Decide enforcement consequences
- Substitute for procurement and legal review
Key terms in this lesson
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