BCG, June 2023
The rapid adoption of generative AI (GenAI) has created challenges for Responsible AI (RAI) programs, with more than half of organizations relying exclusively on third-party AI tools, leading to a significant number of AI-related failures stemming from these tools.
This leads to the need for organizations to invest in and scale their RAI programs to address the growing uses and risks of AI and outlines recommendations. CEO involvement in RAI efforts is also found to lead to 58% more business benefits, regardless of their leader status.