Published on November 16, 2023, 4:17 pm
In 2023, MIT Sloan Management Review and BCG successfully completed their second year of researching responsible AI (RAI). Through an expert panel and survey-based research report, they have generated valuable insights on the topic. The culmination of their findings is presented in a comprehensive infographic.
The study reveals that while many organizations are actively prioritizing RAI and implementing programs to manage artificial intelligence tools responsibly, a majority still heavily rely on third-party AI tools. These tools encompass a range of functions, including generative AI tools like ChatGPT and Bard. However, using such third-party AI tools introduces notable risks. It is evident that most organizations are ill-prepared to mitigate these new challenges effectively.
Fortunately, the researchers at MIT Sloan Management Review and BCG have leveraged their research to develop practical recommendations that will empower organizations to navigate the complexities of responsible AI successfully. By adopting these recommendations, businesses can ensure they are on the right path towards achieving RAI excellence.