There are some AI regulations in place at the country and local levels, but as AI and other emerging technologies grow, businesses should expect more government regulation. As AI integrates further into our lives, AI ethics becomes a critical part of digital literacy.
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Companies are already investing in AI, but the afghanistan phone number data difficulty is ensuring responsible use.
According to The 2023 State of Social Media: AI and Data Take Center Stage report, business leaders expect increased investments in AI over the next few years. Our report also found 98% of business leaders agree that companies need to better understand the potential of AI and machine learning (ML) technology for long-term success.
Data visualization from The 2023 State of Social Media: AI & Data Take Center Stage featuring business leaders' expectations on AI and ML technology investments over the next three years. 87% of leaders expect an increase in investment.
While AI can improve performance, boost efficiency and generate positive business outcomes, brands are also experiencing unforeseen consequences of its application. This can stem from lack of research or biased datasets, among other reasons. AI misuse or neglecting ethical concerns can result in a damaged brand reputation, product failures, litigation and regulatory issues.