The AI Paradox

The rapid adoption of artificial intelligence (AI) by businesses is reminiscent of the late 1990s' rush to digital transformation. However, integrating AI into current operations is proving difficult and disruptive due to the nuances of organizational growth and workflow. AI poses risks to privacy, ethics, and data security, as it can access all data across an enterprise quickly and enhance cyberattacks. Biases in AI are also a concern, as they can perpetuate societal biases and impact business conduct standards and privacy concerns. The legal risks associated with AI are significant, including intellectual property issues, regulatory compliance, and ethical concerns. Despite these challenges, businesses are rushing to adopt AI to avoid being left behind in the competitive market. The question remains, "Who monitors AI?"