Reported 20 days ago
Navrina Singh, a White House AI advisor, emphasizes the growing concerns companies have regarding AI technology as a risk factor, noting that 56% of Fortune 500 companies have identified it as such in their latest reports. This rise is attributed to AI's increasing prevalence in productivity tools and misinformation systems. State-level regulatory efforts, like those by California's Governor Newsom, aim to establish governance frameworks to mitigate AI-related risks, especially in the context of the upcoming presidential election. Singh argues that responsible AI governance will not only influence investment returns but also enhance customer trust for businesses adopting safe AI practices.
Source: YAHOO