Count the Shareholder Association for Research and Education (SHARE) among those raising AI alarm bells. To its credit, the responsible investment organization is doing that and more — engaging with executive teams and advocating for retail shareholder activism.

“Governance is one of the key pillars related to responsible AI,” said Juana Lee, associate director, corporate engagement at SHARE in an interview.

Lee’s not just talking about AI firms here. SHARE’s work on this file comes at a critical moment, as companies across the broad economy are investing in the new technology. “There are no guardrails in place to ensure that the development and deployment of these AI systems are responsible and ethical,” she said.

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Larry Distillio on Manny Osborne-Paradis, a former Olympic and World Cup skier who found a new hill to climb with PROP Advisory Group at CIBC Wood Gundy. “If you’re going to do anything,” he said, “you might as well do it great.”

Michelle Schriver reports that an investor and a former registrant impacted by the Canadian Investment Regulatory Organization’s cybersecurity breach have asked a B.C. court to certify a class action against the regulator.

Also on the CIRO data breach, Michelle Schriver talked to advisors and dealer executives about a whole lot of awkward client conversations.

“Clients are more informed, more anxious and more demanding of clarity than ever before,” writes Robin Riviere. Advisors need to be able to articulate a clear investment philosophy.