Posted 12/30/2023, 2:36:45 PM
Companies Rush to Adopt Generative AI, Bringing Promise and Peril
- Generative AI brings massive potential value - estimated to add $2.6-$4.4 trillion annually across industries
- Over 80% of companies are expected to adopt generative AI by 2026 - acting now brings competitive advantage
- Must balance risks and rewards with thoughtful strategy around implementation, governance, ethics
- Lack of governance over biases and risks leaves companies exposed to system failures and regulations
- Success requires human-first decisions, robust governance of AI content, and connected enterprise AI approach