72% of S&P 500 companies consider AI use to be a material risk to their businesses.
What does that mean?
Well it is very simple in fact. AI like other breakout technologies before it (take the internet for example) is an emergent technology with incredible functional capabilities. Do in part to these functional capabilities companies, teams, employees, vendors, etc...have widely integrated AI via various interfaces into their day to day operations.
Wonderful.
However, just like with the internet before, what these companies are understanding is that this emergent technology comes with unforeseeable (and some foreseeable risks). There have already been several noteable instances of large, prestigious entities presenting data that turns out to be completely fraudulent and when the investigating starts AI and a lack of human diligence is the culprit.
We are not taking this particular (hallucinations or LYING phenomenon) seriously enough but that is for another post.
Basically the companies are taking what I consider to be a reasonable approach. Admitting that there is no way to predict what harm may come from this technology being utilized all over their businesses but at a minimum it should be publicly acknowledged that it IS RISK.
Chalk one up for common sense in the S&P 500 today.
#AIRISK #CyberSecurity #HardenTheTarget #StayVigilant #WhatIsNext
72% of S&P 500 companies consider AI use to be a material risk to their businesses.
What does that mean?
