A new study from Arize AI found that 56% of the 500 largest U.S. companies view AI as a risk factor, a significant increase from just 9% in 2022.
In a subset of 108 companies discussing generative AI, only 33 regarded it as an opportunity, emphasizing benefits such as cost-effectiveness and faster innovation.
The primary concerns regarding AI among major companies include ethical ambiguities, increased competition, and potential impacts on human rights, employment, and privacy.
90% of major media and entertainment companies and 86% of software firms perceive rapidly evolving AI systems as a business risk.
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