AI is everywhere these days—and that means so is AI risk.
S&P companies were most concerned about the reputational risks of AI, the Conference Board reported; 38% of them disclosed potential reputational threats from AI on their 10-Ks. Forty-five companies mentioned “implementation and adoption” risks, such as overpromising on AI projects or AI not meeting expectations, while 42 stated that consumer-facing AI was a risk. Other reputational risks companies mentioned included privacy and data risks, hallucinations, competitive threats, and issues with bias and fairness.
