A new AGB OnBoard survey of board leaders highlights a governance gap that higher education trustees may not be able to ignore: AI adoption is spreading fast while formal board-level AI oversight remains limited. The survey found directors increasingly use AI tools for board work, but fewer institutions have enforced policies defining committee roles, reporting, and risk oversight. For higher education governance leaders, the survey’s central warning is operational and compliance-driven—accreditors and state oversight efforts increasingly ask how institutions document decision-making processes involving AI. The report argues that the board’s job is not to manage AI day-to-day, but to ensure leadership has a framework for governance and that trustees are meaningfully informed, with preparation quality tied to governance effectiveness.