The COVID-19 crisis is one event that has intensified the need for urgent action by developing countries to utilize technologies like AI to drive economic growth.
From finance to health services, real estate to fast food, AI technologies are being rapidly adopted across industries and around the world to innovate business and operating models.
Although attendance and revenues continue to decline, the challenges associated with player injuries continue unabated.
The deployment of AI fits into the broader umbrella of cyber risk as part of enterprise risk identification and mitigation. It is essential for AI to address ethical issues such as data bias and to ensure AI is deployed to achieve the bottom-line and top-line goals.
The Digital Age has the potential to be as disruptive and transformative for us as the Industrial Revolution was for our ancestors; that disruption could threaten our capitalist system and our democracy.
Rapid technological development in AI has led to speculation of a catastrophic demise of the auditing profession. The primary weakness in this use of AI for auditing is that machines initially learn from flawed systems: humans.