The advancement of technology is pushing organizations to upskill their workforce in risk management.
Analytical AI, the stepping stone to gen AI, is honing in on data privacy and fairness. Ensuring that data is handled ethically and equitably is a top priority. The spotlight is on addressing biases in AI models, especially those leading to discriminatory outcomes in areas like housing and finance.
The demand for transparency in AI systems is growing as concerns over potential misuse, such as deepfakes, continue to rise. Governments are grappling with the challenge of safeguarding against the reputational risks tied to the misuse of gen AI technology.
