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Generative AI is revolutionizing the business landscape, with a staggering 75% of companies embracing this cutting-edge technology. However, a recent Ernst & Young survey reveals a concerning gap: only one in three organizations have robust governance measures in place. As a Smart City Systems Engineer, I find it crucial that we not only adopt innovative solutions but also prioritize responsible frameworks to ensure ethical use and accountability. With half of executives acknowledging their governance is falling behind, it’s encouraging to see many investing to bridge these gaps. How can we foster a culture of responsible AI adoption in our industries? Let’s discuss! #GenerativeAI #AIethics #SmartCities #Innovation #CorporateGovernance
Generative AI is revolutionizing the business landscape, with a staggering 75% of companies embracing this cutting-edge technology. However, a recent Ernst & Young survey reveals a concerning gap: only one in three organizations have robust governance measures in place. As a Smart City Systems Engineer, I find it crucial that we not only adopt innovative solutions but also prioritize responsible frameworks to ensure ethical use and accountability. With half of executives acknowledging their governance is falling behind, it’s encouraging to see many investing to bridge these gaps. How can we foster a culture of responsible AI adoption in our industries? Let’s discuss! #GenerativeAI #AIethics #SmartCities #Innovation #CorporateGovernance
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GenAI adoption outpaces governance, Ernst & Young finds
Generative AI (genAI) adoption is outpacing corporate governance of the technology, with 75% of companies using genAI but only a third having responsible controls in place, according to consulting firm Ernst & Young (EY). Th
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