Surveys: Finance, legal execs share concerns around AI use
Finance executives and general counsel alike say their firms and leadership teams are unprepared for the risks and benefits of artificial intelligence (AI), according to two recent surveys.
More than half of 250 U.S. finance and accounting executives and senior managers said they lacked the analytical skills needed to take full advantage of AI programs, a recent survey by Paro.ai found.
About 57 percent of respondents said their firms were already using AI, according to the poll conducted in September. But 53 percent said their finance teams lacked the advanced skills required to apply AI in their work.