From AI Complianct to Competitive Advantage
Date
2022-06-30Author
Eitel-Porter, Ray
Grosskopf,Ulf; Accenture
Abstract
As companies deploy AI for a growing range of tasks, adhering to laws, regulations and ethical standards will be critical to building a sound AI foundation. Eighty percent of companies plan to increase investment in Responsible AI, and 77% see regulation of AI as a priority. Most companies (69%) have started implementing Responsible AI practices, but only 6% have operationalized their capabilities to be responsible by design.