Subj : Nearly all execs have major concerns about using AI - so they're
To   : All
From : TechnologyDaily
Date : Thu Mar 28 2024 11:45:05

Nearly all execs have major concerns about using AI - so they're holding it 
back till they're dealt with

Date:
Thu, 28 Mar 2024 11:41:27 +0000

Description:
A new report has found that security and other concerns are causing execs to 
halt the use of AI while polices are laid down.

FULL STORY
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Nearly all executives have put the brakes on generative AI rollouts in order 
to establish some ground rules first. 

A report from PagerDuty has found that 98% of the 1,000 tech executives it 
surveyed at Fortune 100 firms have directed their teams to pause GenAI 
initiatives while polices are put in place. 

The survey also found that every single respondent had concerns regarding the 
security risks of AI, and 51% said the right guidelines should be in place at 
their firm before using it. Feeling the pull 

However, they are also feeling the pull in the other direction, as 46% 
believe that they need to adopt GenAI as soon as possible to avoid falling 
behind, "regardless of the parameters." But a quarter still don't trust the 
technology. 

PagerDuty CIO Eric Johnson commented, "tech executives are usually early 
adopters eager to deploy advanced technologies, but only if they can do it 
safely and within a companys prescribed guidelines. Our survey shows theres 
hesitation to experiment with GenAI until they can trust the results." 

He added, "Key to deploying GenAI at scale is providing these organizations 
with the right technology and a solid foundation of trust that helps them 
experiment in a safer environment than what exists today." 

The risk to their company's reputation was also a reason for half of 
executives being reluctant to use GenAI. 51% felt unease over the legal and 
copyright issues related to deploying it too. 

The survey also found that less than a third (29%) of firms had formal 
guidelines in place for GenAI use, but 66% are currently in the process of 
establishing them. And despite executives pausing its use while this is being 
done, 64% report that AI is already being used in most or all of their firm's 
departments. 98% said that their companies are at least experimenting with 
the technology. 

PagerDuty notes that "while GenAI offers significant potential for 
streamlining operations and enhancing innovation, recognizing these concerns 
and ensuring human oversight are crucial for its integration into 
organizational workflows." MORE FROM TECHRADAR PRO Here are the best AI tools 
for your firm Even cybersecurity pros don't fully trust AI just yet 
Enterprises must follow five key steps to adopt AI securely 




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Link to news story:
https://www.techradar.com/pro/security/nearly-all-execs-have-major-concerns-ab
out-using-ai-so-theyre-holding-it-back-till-theyre-dealt-with


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