Good morning.
Risk is a relative term. The risk of bodily damage while kickflipping over stairs is decidedly higher for me than for my teenage son, who’s been skateboarding for years—especially when I can’t do a kickflip. Risk can be especially fuzzy when it comes to business disclosures. How many pharmaceutical commercials for seemingly benign drugs warn of possible side effects that range from mild dizziness to death?
So when I read that the number of Fortune 500 companies citing AI as a business risk is up 473.5% since 2022, I was intrigued to learn more. Yes, the study comes from Arize AI, which helps companies better deploy AI, but it accurately notes that 281 companies cited AI as a risk factor in their latest annual reports, up from 49 a year earlier.
