The development of generative AI has catapulted AI technology to one of the fastest and most impactful innovations of the Fourth Industrial Revolution. From creation to production and distribution, some predict its effect on global value chains is analogous to the steam engines of the Industrial Revolution. With added qualities of speed, and accessibility, what is the implication for industry worldwide and how do leaders manage its risks? <i>This session is linked to the AI Governance Alliance of the World Economic Forum<i>