Tag: risk disclosure

CIOs Face Growing Pressure to Govern AI Risks

The rapid adoption of AI has led to a surge in disclosures, with a staggering 83% of S&P 500 companies now citing AI as a material business risk - a number that skyrocketed from just 12% in 2023. As executives anticipate significant productivity gains and workforce disruption, they're under growing pressure to govern AI risks effectively.