Government and business can develop an ethical AI future together, KPMG study finds

The pandemic turned the world upside down and businesses stepped up to the challenge, accelerating their digital transformation and harnessing the power of artificial intelligence to help overcome new challenges in a new world. A new study by KPMG, Thriving in an AI World: Unlocking the Value of AI across 7 Industries," found that while some executives are experiencing a bit of COVID-19-induced whiplash as they reckon with AI challenges, industry leaders are optimistic about the new administration's role in helping to achieve an AI-forward future. "We reached out to decision-makers, many of whom said AI is moving too fast, but many also felt that the U.S. is being left behind when it comes to AI adoption," says Swami Chandrasekaran, managing director at the KPMG Digital Lighthouse and Head of Digital Solutions Architecture. Yet overwhelmingly, industry leaders believe the Biden administration will not only help advance the adoption of AI, they also believe the government has an ...