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Blueprint for the Future of AI in 2024: Maximizing Potential and Mitigating Workplace Hazards

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While it has positively impacted productivity and efficiency in the workplace, AI has also presented a number of emerging risks for businesses. At the same time, however, nearly half (48%) said they enter company data into AI tools not supplied by their business to aid them in their work. This rapid integration of generative AI tools at work presents ethical, legal, privacy, and practical challenges, creating a need for businesses to implement new and robust policies surrounding generative AI tools. AI use and governance: Risks and challengesDeveloping a set of policies and standards now can save organizations from major headaches down the road. The previously mentioned Harris Poll found that 64% perceive AI tool usage as safe, indicating that many workers and organizations could be overlooking risks.

“Effective Implementation of Generative AI in the Corporate World”

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Generative AI gets a lot of press, from image-generating tools like Midjourney to Runway to OpenAI’s ChatGPT. To be clear, the execs — who hail from such industries as manufacturing, transportation and industrial goods — still see GenAI as a priority. Eighty-nine percent responding to the BCG poll ranked the tech as a “top-three” IT initiative for their companies in 2024. The results, taken in tandem with responses to a BCG survey late last year, put into sharp relief the high degree of enterprise skepticism surrounding AI-powered generative tools of any kind. “Bad or illegal decision-making” touches on copyright violations — a hot-button topic in GenAI.