New Delhi, Oct. 29 -- A chairman recently quipped after a three-hour strategy session, "I wonder what ChatGPT thinks we just decided." The laughter in the room was genuine, but so was the unease. Lurking beneath the joke was the recognition that in the AI era, what the board did may matter less than what the minutes taken with the use of AI say they did. When the record overtakes reality, it's a nightmare.

For decades, board-meeting minutes were a study in understatement. A diligent secretary would jot down the essentials: agenda followed, motions made, votes cast and resolutions approved. No frills, no flourishes. Minutes were often praised for being so dull, they could cure insomnia. Fast-forward to today, and suddenly technology has b...