"If annual reports of the Fortune 500 make one thing clear, it's that the impact of generative AI is being felt across a wide array of industries-even those not yet embracing the technology. Given that most mentions of AI are as a risk factor, there is a real opportunity for enterprises to stand out by highlighting their innovation and providing context on how they are using generative AI."
"New technological developments, including the development and use of generative artificial intelligence, are rapidly evolving. If our competitors gain an advantage by using such technologies, our ability to compete effectively and our results of operations could be adversely impacted."
"The number of Fortune 500 companies that cited AI as a risk hit 281. That represents 56.2% of the companies and a 473.5% increase from the prior year, when just 49 companies flagged AI risks."
"Now that AI is fully on corporate America's radar, the risks and opportunities are coming into focus, with companies disclosing where they see potential downside coming from."
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