AI Update, August 8, 2025: AI News and Views From the Past Week
Catch up on select AI news and developments from the past week or so. Stay in the know.
Business Leaders' Top Concerns About Generative AI
Artificial Intelligence — Wed., Jul. 10, 2024Business leaders have concerns about generative AI in areas such as data security, cost, accuracy, and transparency, according to recent research from Lucidworks.
The report, based on data from a survey conducted in April and May 2024, found that 46% of respondents worry about data security, 43% about implementation cost, 36% about response accuracy, and 35% about decision transparency for generative AI.
Business leaders are increasingly worried about generative AI in 2024 compared to 2023. Only 25% of planned investments have been fully implemented so far, with even fewer revenue and cost reduction initiatives implemented.
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Business Leaders' Top Concerns About Generative AI
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