Risk management has changed dramatically over the 12 editions of the India Risk Management Awards. What began as a way to recognise a function often working behind the scenes has evolved alongside the risks businesses face. Operational and financial risks have been joined by cyber threats, climate events, supply-chain disruptions, geopolitical uncertainty and, increasingly, technology dependencies.Now, artificial intelligence is changing the equation once again. At the finale of the 12th India Risk Management Awards, presented by ICICI Lombard in association with CNBC-TV18, the conversation moved beyond whether businesses should adopt AI. The more consequential questions were about what happens when…