Business execs power ahead with GenAI, despite risks

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US business executives worry about potential risks from the widening use of generative artificial intelligence programs such as ChatGPT and Microsoft Copilot – but more than a quarter of them say that hasn’t stopped their organisations from experimenting with the game-changing technology in many core business functions.

Views on Generative AI were solicited as part of the first-quarter AICPA & CIMA Economic Survey, which polls CEOs, chief financial officers, controllers and other certified public accountants in US companies who hold executive and senior management accounting roles. About 26% of survey takers said their organisations are experimenting with the technology in key operations, while 6% said they have already implemented Gen AI tools in one or more business applications. Half of those polled, however, said they haven’t begun to consider use of the tools yet.

Source: News Formal (newsformal.com)

 

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