A recent report by Arize AI reveals that 56.2% of Fortune 500 companies now list AI as a risk factor in their annual reports—a staggering 473.5% increase from the previous year. The surge reflects growing concerns across various sectors, with media and entertainment leading the way, where 91.7% of companies flagged AI risks. While AI’s rapid adoption has sparked innovation, it also raises fears of cybersecurity threats, operational disruptions, and potential regulatory challenges. Companies are increasingly recognizing the need to balance the benefits of AI with a cautious approach to its implementation.
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