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.
Vestwell, which provides the infrastructure for employers to power workplace savings programs, has raised $125 million in what the company describes as a “preempted” round of funding.
Vestwell CEO Aaron Schumm started the company in 2016 and launched the cloud-native platform in 2017.
Over 1 million people working across 300,000 businesses use the Vestwell platform, which the company said has helped power the savings of nearly $30 billion in assets over time.
As an extension of its partners, Vestwell says it enables a suite of programs, including retirement, health and education, such as 401(k), 403(b), IRA, 529 Education, ABLE disability and Emergency Savings programs.
“We’re now the leading partner in this field, and currently power 80% of the live state auto-IRA savings programs in this country,” he said.
Activision Blizzard, which publishes hit games like the Call of Duty franchise and World of Warcraft, agreed to pay $54 million and committed to implementing measures to ensure fair pay and equitable promotions.
“If approved by the court, this settlement agreement represents a major step forward and will bring direct relief to Activision Blizzard workers,” California Civil Rights Department Director Kevin Kish said.
Activision Blizzard operates out of its headquarters in Santa Monica, California.
In February, Activision Blizzard agreed to a $35 million settlement with the SEC over its failure to “implement necessary controls to collect and review employee complaints about workplace misconduct,” ultimately obscuring that information from being disclosed to investors.
Longtime Activision Blizzard CEO Bobby Kotick, deeply embroiled in the years-long controversy, will depart the company at the end of the year.
Staff morale is essential to the success of any organisation. If staff are unhappy with their work, they are more likely to quit, do less work, or ignore orders. Poor…
