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Friend or foe: The rise of Artificial Intelligence (AI) and the impact on risk managers.

Artificial Intelligence (AI) is a rapidly evolving technology that has found its way into various aspects of modern life, including but not limited to business, healthcare, education, and entertainment. As AI technology continues to evolve, it is becoming increasingly embedded into everyday life, raising both logistical and ethical questions about its integration into society at large.

From a logistical perspective, there are concerns about the impact of AI on job displacement, as well as the challenges of regulating the technology as it becomes more complex and autonomous. Ethical considerations also arise, including concerns around privacy, transparency, and bias in AI decision-making.

In light of these concerns, it is crucial to consider the potential implications of AI for risk management. As such, our team of experts - Sean Gotora, Alexander Larsen, CFIRM, and Myriam Bou Younes, AFF - have collaborated with AI itself (ChatGPT) to examine the rise of AI and its impact on risk managers worldwide.

The report we have compiled aims to provide insights into the current state of AI technology and its potential impact on the risk landscape. It explores key areas of concern for risk managers, including the challenges of managing risk in the rapidly evolving world of AI, as well as the potential opportunities that AI presents for managing risk more effectively.

Overall, the report seeks to provide risk managers with a comprehensive understanding of the risks and opportunities associated with AI, and equip them with the tools and knowledge necessary to navigate this rapidly changing landscape.

You can download your copy here.

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