IDC estimates GenAI’s economic impact by the end of 2033 to be close to $10 trillion. While AI is proving to be a powerful driver of economic growth, it has the potential to create real risks and unintended consequences. AI platforms can reinforce and perpetuate historical human biases (e.g., based on gender, race, or sexual orientation), undermine personal rights, compromise data security, produce misinformation and disinformation, destabilize the financial system, and cause other forms of disruption globally.

In this IDC Spotlight paper commissioned by IBM, learn about:

• Inhibitors to AI adoptions and the challenges of generative AI driving new risks and complexities
• How AI governance can address 3 critical areas: laws, ethics and legislations
• How organizations are succeeding by proactively adopting AI governance
• Steps to establish a framework to drive trusted, transparent and explainable AI

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