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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2024-01-30T18:31:00
Just 25 percent of corporate leaders felt their organizations were highly prepared to handle the governance and risk issues posed by generative artificial intelligence (AI), a Deloitte survey found.
The report, which polled 2,835 corporate executives and board members across the globe with direct involvement in their businesses’ AI initiatives, found 41 percent of leaders felt their organizations were only slightly or not at all prepared to address AI governance and risk concerns. In contrast, 40 percent of the executives said their organizations’ technology infrastructure was highly—or very highly—prepared to handle AI, according to the survey, conducted last year between Oct. 12 and Dec. 5.
The leaders ranked their legal, risk, and compliance departments as the least likely to have expertise in AI, compared to every other typical company department, including human resources and supply chain/manufacturing.
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News and analysis for the well-informed compliance or audit exec.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
Register for free
Receive the CW newsletter and access CPE webcasts.
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