Richard Marcus, the head of information security at AuditBoard, discusses the emerging risks and challenges that businesses face with the rapid integration of AI tools in the workplace. He emphasizes the need for robust policies and standards to manage these risks and ensure ethical and legal use of AI.
The Year of AI: Opportunities and Risks
2023 has been dubbed the year of AI, with the technology making significant strides in enhancing productivity and efficiency in various sectors. However, the rapid adoption of AI tools, such as ChatGPT, has also introduced new risks. A recent Harris Poll survey revealed that while 51% of employed Americans use AI-powered tools for work, 48% admit to using AI tools not supplied by their employers, potentially exposing sensitive company data.
Generative AI: The Need for Governance
The swift integration of generative AI tools in the workplace has created a gap between adoption and formal policies. A Gartner survey found that over half of organizations lack an internal policy on generative AI. This lack of governance presents ethical, legal, privacy, and practical challenges, emphasizing the need for comprehensive policies and standards.
AI Risks and Challenges
Three common risks associated with AI use include overconfidence, security and privacy concerns, and data sharing issues. Overconfidence can lead to an overestimation of AI capabilities and potential misuse. Security and privacy risks arise when AI tools require access to large amounts of data, including personal or Watch This Press Release
