Many major businesses in the United States perceive AI as a potential threat

A recent analysis by Arize AI, a platform specializing in examining public statements by large corporations, has revealed that 56% of the top 500 companies in the US view AI as a “risk factor,” as reported by the Financial Times. This marks a significant increase from the previous year, where only 9% shared this perspective.

The research further indicates that a high percentage of leading media and entertainment companies in America – 90%, to be precise – and 86% of technology and software companies view the rapid expansion of AI systems as a risk to their operations. The concerns highlighted include heightened competition, ethical dilemmas, and the potential impact of AI on fundamental human rights, employment, and individual privacy.

Within a subgroup of 108 companies that specifically addressed generative AI (genAI), only 33 regarded this technology as a promising opportunity. These organizations emphasized the advantages of gene platforms and tools in terms of cost efficiency, operational enhancements, and expediting innovation. Conversely, a significant majority – two-thirds of the companies – viewed genAI as a risky proposition.

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AndyC

Andy Curtis is an award-winning security consultant, researcher and public speaker. He has been working in the computer security industry since the early 1990s, having been employed by state and federal government, leading healthcare and banking providers across three continents. He has given talks about computer security for some of the world’s largest companies, worked with law enforcement agencies on investigations into hacking groups, and is a regular voice on TV and radio explaining IT security threats.

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