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What’s the biggest risk businesses face with AI adoption today?
AI comes with risks. What’s the biggest challenge or risk you think businesses should be mindful of?
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Tyler Lemery
I think over time, businesses heavily reliant on AI face losing an understanding of how the systems they rely on actually function due to black-boxing.
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@simonas_kauzonas I could not have said it better! We will also see a lot of improvements in major customer support and analytics tools.
ethical and regulatory compliance is potentially the most significant risk. Here's why, AI regulations are still developing, with new laws and guidelines emerging frequently. This makes it challenging for businesses to stay compliant. Then Non-compliance can lead to hefty fines, legal issues, and severe reputational damage.
regulation and who regulates application of AI in various industry is still murky but EU is at the forefront of this with their AI Act https://artificialintelligenceac...
Every "value proposition" sounds the same. Not "the biggest risk", so to speak, but there are enough co-pilots to fill an entire plane, for ex.
The biggest risk is probably not having a clear strategy and use case for AI. Too many companies just jump on the AI bandwagon without really understanding how to leverage it to create real business value. AI isn't magic - you need to figure out where it fits into your workflows and processes to drive efficiencies or enable new capabilities. Without that, you risk wasting a lot of time and money on AI projects that don't deliver ROI.