According to Arize, over 56% of Fortune 500 companies now list AI as a risk factor in their annual reports to the SEC.

The risk is undeniable—generative AI will be one of the most transformative revolutions we’ve ever witnessed, and companies that are slow to adapt could face substantial losses.

This reminds me of Nvidia CEO Jensen Huang’s quote: ‘While some worry that AI may take their jobs, someone who’s an expert with AI will.’ As I often say when discussing the role of the CAIO, the same principle applies to business: the companies that succeed will be those who learn to deeply understand and leverage AI.

More companies are disclosing potential AI risk to investors – Marketplace

According to an Arize AI report, 92% of media and entertainment companies in the Fortune 500 mentioned AI as a material risk.