Hello! Ever heard the saying, “Actions speak louder than words”?
While major U.S. corporations are publicly advocating for the benefits and efficiencies of artificial intelligence, they’re also discreetly instructing their legal teams to include AI as a potential risk factor in their official financial reports. Sources reveal that about 75% of companies listed within the S&P 500 have already taken this step.
And the worries don’t end there: Approximately 10% of these companies have also admitted in their filings that they might not ever see a return on the money they’re spending on AI. A tougher gamble than mergers, perhaps.
Here’s your tech news for the day. —Andrew Nusca
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