Deloitte survey: Companies unprepared for AI governance, risk challenges
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.