Peer Perspectives On The Generative AI Journey
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Forbes
EVENT IN BRIEF
Rapid advancements in artificial intelligence are leading to an innovation fever pitch, of sorts. Forbes research reveals that over the next two years, 89% of executives plan to increase their enterprise budget for AI initiatives as organizations across industries scramble to harness the technology to drive business impact at scale.
A particular desire for generative AI to perform creative tasks and streamline workflows is held by many business leaders—despite their concerns about potential risks. While 50% of C-suite executives have significant legal or ethical concerns about generative AI, about 46% still plan to deploy it if they haven’t already, according to a recent Forbes Research survey.
This begs a crucial question: As generative AI plays a larger role in business, what potential pitfalls, unknown consequences and unforeseen challenges lie ahead? A panel of experts hosted by Forbes and Kyndryl addressed this very subject in a roundtable discussion that considered best practices and strategies to help ensure success. Read on for their insights.