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Effective Measures for Ethical Application of Generative AI by Corporate Leaders

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It’s becoming increasingly clear that businesses of all sizes and across all sectors can benefit from generative AI. McKinsey estimates generative AI will add $2.6 trillion to $4.4 trillion annually across numerous industries. That’s just one reason why over 80% of enterprises will be working with generative AI models, APIs, or applications by 2026. However, simply adopting generative AI doesn’t guarantee success. However, only 17% of businesses are addressing generative AI risks, which leaves them vulnerable.