Creighton University and Aon COO Mindy Simon Discuss the Effective and Ethical Application of AI in Business

Core Insights - The interview highlights the ethical and effective application of AI in business, emphasizing the balance between leveraging technology and maintaining human oversight [1][2] AI Risks and Benefits - Professor McMahon identifies the misconception that AI is infallible, warning that without human involvement, AI can lead to significant issues [2] - Mindy Simon discusses how AI helps Aon navigate increased global volatility and complexity, providing data-driven insights to clients for business protection and growth [2] Aon's AI Strategy - Aon employs two main approaches to integrate AI: 'Embedded AI at Scale' which incorporates AI into core processes, and 'Colleague-Led AI' which empowers employees to utilize AI in their daily tasks [2] - The use of differentiated data and analytics with AI at the core is aimed at enhancing clients' decision-making capabilities [2] Educational Context - Creighton University, where Professor McMahon teaches, is a Jesuit institution that focuses on bridging various fields of study to promote a just world [3] Media and Distribution - Today's Marketplace (TMP) conducts interviews at the New York Stock Exchange, providing a platform for discussing important business topics with insights from experts [4]