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AI adoption is rising.
According to McKinsey’s latest global survey, 72 percent of organizations now regularly use AI—a significant leap from the plateauing 50 percent over the last six years.
Even more striking is the rise in generative AI usage, which jumped from 33 percent to 65 percent in just one year.
These numbers tell a clear story: Organizations are investing in AI and reaping the benefits across various business functions.
But the truth is that AI adoption is complex and multifaceted. While it opens up a world of possibilities, it also introduces a host of risks that could place businesses in legal jeopardy.
Without careful implementation and strategic oversight, the very tools designed to propel businesses forward can become sources of significant risk.
In this post, we’ll dive into the pros and cons of AI adoption, and how you can maximize its potential while staying on the right side of the law.
The benefits of AI adoption
Businesses are no longer dabbling in AI—they’re actively investing in it and embedding it across multiple functions, transforming operations, says McKinsey.
And businesses are reaping the benefits of this—enhancing efficiency, reducing operational costs, and increasing revenue.
From automating repetitive tasks to providing