McKinsey December 21, 2023
AI and its supercharged breakthrough, generative AI, are all about rapid advancements, and rule makers are under pressure to keep up.
The rapid advancement of generative AI (gen AI) has regulators around the world racing to understand, control, and guarantee the safety of the technology—all while preserving its potential benefits. Across industries, gen AI adoption has presented a new challenge for risk and compliance functions: how to balance use of this new technology amid an evolving—and uneven—regulatory framework.
As governments and regulators try to define what such a control environment should look like, the developing approaches are fragmented and often misaligned, making it difficult for organizations to navigate and causing substantial uncertainty.
In this article, we explain the risks of...
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