With artificial intelligence (AI) at the forefront of most company discussions about innovation, this updated report looks at how U.S. public companies are discussing the opportunities and risks that it provides and poses for disrupting business models.
MyLogIQ’s key findings from the report were that:
- 1% of directors have AI experience.
- 5% of companies have directors with AI experience.
- 8% of companies discussed AI in the MD&A section of their 10-K filings.
- 15% of companies listed AI in the Risk Factors section of their 10-K filings.
- The top 3 AI risk factors were:
- Government Regulation of AI
- Ability to Cost Effectively and Competitively Deploy AI
- Cybersecurity/IT Vulnerability of AI Systems.
This content has been provided by MyLogIQ, a community contributor and sponsor of the SEC Pro Group.