1 in 4 Business Executives Report that Their Organizations are Deploying Generative AI: AICPA Survey

A recent survey by AICPA & CIMA has shown that the use of generative artificial intelligence (AI) programs, such as ChatGPT and Microsoft Copilot, is a growing concern among U.S. business executives. Despite worries about potential risks related to privacy, ethics, and accuracy, over 25% of executives reported that their organizations are experimenting with Generative AI tools.

The survey, which polled 275 CEOs, CFOs, controllers, and other CPAs in executive and senior management accounting roles, found that 71% of respondents expressed at least moderate concern about the risks associated with Generative AI. Forty-two percent of executives cited significant concern about these risks, indicating a high level of apprehension.

Some companies have already implemented Generative AI tools in their business operations, while others are just beginning to explore the possibilities of this technology. Survey respondents identified key areas for experimentation, such as sales and marketing, IT and risk management, core business operations

By Sophia Gonzalez

As a content writer at newsgreg.com, I am dedicated to crafting engaging stories that captivate our readers. With a knack for turning complex topics into accessible and compelling narratives, I weave words together to inform and inspire. My passion lies in delivering accurate and thought-provoking content that keeps our audience informed and entertained. From breaking news stories to in-depth features, I strive to bring a fresh perspective to every piece I create. Join me on this journey of exploration and discovery through the power of words at newsgreg.com.

Leave a Reply