With Artificial Intelligence (AI) being embedded into every business process and product, nearly 77% of business executives expect generative AI to have largest impact on their business out of all emerging technologies, 71% plan to implement their first generative AI solution within next two years, 64% believe that AI is key to competitive advantage, 92% think generative AI implementation introduces moderate to high-risk concerns and 47% are still at initial stages of evaluating risk and risk-mitigation strategies for generative AI (Source: 2023 KPMG Generative AI Survey – March 2023). As AI scales, companies are facing a growing number of challenges such as Trust, Compliance, Security & Privacy, Value and Speed. Responsible AI is an approach to design, build and deploy AI systems in a safe, trustworthy and ethical manner so that companies can accelerate value for customers, organizations and society with confidence.
Trust in AI
Responsible AI is an approach to design, build and deploy AI systems in a safe, trustworthy and ethical manner.
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