Business Leaders' Top Concerns About Generative AI

Business Leaders' Top Concerns About Generative AI

Artificial Intelligence — Wed., Jul. 10, 2024

Business 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.

... continue reading below
Sign up for free to read the full article.
Enter your email address to continue reading

Business Leaders' Top Concerns About Generative AI

Don't worry ... it's FREE!

Already a member? Sign in now.

Related Articles

AI Update, July 19, 2024: AI News and Views From the Past Week

AI Update, July 19, 2024: 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.

How Familiar and Skilled Are B2B Marketers With AI?

How Familiar and Skilled Are B2B Marketers With AI?

Most B2B marketing leaders say their teams have a moderate level of competency in using artificial intelligence applications, according to recent research from Demand Spring.

AI Update, July 12, 2024: AI News and Views From the Past Two Weeks

AI Update, July 12, 2024: AI News and Views From the Past Two Weeks

Catch up on select AI news and developments from the past two weeks or so. Stay in the know.

AI, Ethics, and the Law: How to Stay Aboveboard

AI, Ethics, and the Law: How to Stay Aboveboard

Discover key legal and ethical considerations for using AI in marketing from expert Ruth Carter. Follow these guidelines for compliance. Read more.

AI-Washing: Are Buyers Being Taken to the Cleaners?

AI-Washing: Are Buyers Being Taken to the Cleaners?

Learn about the risks of AI-washing and how deceptive AI claims can mislead customers and erode market trust. Read more.

AI Update, June 28, 2024: AI News and Views From the Past Week

AI Update, June 28, 2024: 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.

Subscribe to the MarketingProfs Today newsletter