Ethical AI: A business priority needing attention and partnership
Whether as a means to become more data-driven, drive exponential growth or differentiate themselves from competitors, it’s clear that artificial intelligence (AI) development is a high priority for enterprises, with worldwide AI spending expected to hit $110 billion in 2024. And of executives focused on AI, 80% are struggling to establish processes to ensure responsible AI use. Unfortunately, the speed at which companies are developing and/or implementing AI technologies is not being met with the same level of urgency and commitment needed to develop AI responsibly.
