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Conquering AI risks

#artificialintelligence

The age of pervasive AI is here.1 Since 2017, Deloitte's annual State of AI in the Enterprise report has measured the rapid advancement of AI technology globally and across industries. In the most recent edition, published in July 2020, a majority of those surveyed reported significant increases in AI investments, with more than three-quarters believing that AI will substantially transform their organization in the next three years. In addition, AI investments are increasingly leading to measurable organizational benefits: improved process efficiency, better decision-making, increased worker productivity, and enhanced products and services.2 These possible benefits have likely driven the growth in AI's perceived value to organizations--nearly three-quarters of respondents report that AI is strategically important, an increase of 10 percentage points from the previous survey.