How Corporate Leaders Around the World View AI Risk Today

Artificial intelligence (AI) is rapidly shifting from a strategic ambition to an operational reality for many organizations. As businesses expand their AI initiatives, leaders across key industries are increasingly focused on understanding both the opportunities and the risks that come with integrating AI into core operations.

BDO’s findings focus on industries where AI is widely seen as a significant and disruptive force: manufacturing, health industries (including healthcare, life sciences, and pharmaceuticals), retail and wholesale, and the technology, media, and telecommunications (TMT).

• 63% of executives across these sectors have identified employee training and awareness as key to mitigating AI risks.
• 62% of executives across these sectors see the quality of data outputs being the key risk when using AI in their organizations.
• 72% of executives across these sectors confirmed they either don’t have a data privacy compliance framework in place or that it is out of date and not maintained.
• 38% of executives across these sectors are taking additional data security measures to reduce AI risks. 
• 38% of executives across these sectors say their organizations have no AI development experience but still expect to develop their own AI platforms in-house.
• 7% of executives across these sectors say their organizations have an up-to-date register of AI use.
• 1% of executives across these sectors say using AI creates no additional risk.

Findings by Sector