Opening Remarks With Steve Gunby: Navigating Artificial Intelligence
Steve Gunby, President and Chief Executive Officer of FTI Consulting, delivers his opening remarks at The Modern GC:Β ...
President, Chief Executive Officer & Director, Fti Consulting
Search every verified Steven Gunby interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. In November 2024, Gunby delivered opening remarks at a Wall Street Journal and FTI Consulting event on artificial intelligence, where he compared the current state of AI to the splitting of the atom and the Industrial Revolution. He stated that AI will allow machines to exceed humans in intellectual ability, and he cited Bill Gatesβ observation that people tend to overestimate technological change in the short term and underestimate it in the long term. Gunby also described FTI Consultingβs role in major corporate crises, noting that the firm has 6,500 professionals globally and works on investigations, bankruptcies, and crisis communications. At a September 2024 event on white-collar investigations, Gunby discussed the expanding role of general counsel, saying they are increasingly becoming the line manager in charge of crises. He noted that the probability of a major company facing a "Black Swan" event over five years approaches zero, citing examples such as Wells Fargo and FTX. Gunby also described FTI Consultingβs work on investigations including those involving Lehman Brothers, Hertz, and Steinhoff, and said the firm has doubled in size over the past six years to a market capitalization of about $7 billion.
“My company is involved in helping companies on more major corporate events and crises than any other Professional Services firm in the world.”
“The general counsel's role has become increasingly important and broad, often acting as the chief line manager in charge of crises that involve both legal and broader business issues.”
“Cyber breaches are not rare anymore, and the number and potential types of crises that can affect a company have soared, magnifying the consequences of handling them well or poorly.”
“AI is comparable to the Industrial Revolution; instead of machines exceeding humans in physical strength, AI will allow machines to exceed people in intellectual ability, and we have no experience of what it's like to have things smarter than all of us.”
Steve Gunby, President and Chief Executive Officer of FTI Consulting, delivers his opening remarks at The Modern GC:Β ...
Steve Gunby, President and Chief Executive Officer of FTI Consulting, delivers his opening remarks at The Modern GC: NewΒ ...
Steve Gunby, President and Chief Executive Officer of FTI Consulting, delivers his closing remarks at The Modern GC: NewΒ ...
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