by Avi Gesser, Matt Kelly, Samuel J. Allaman, Michelle H. Bao, Anna R. Gressel, Michael Pizzi, Lex Gaillard, and Cameron Sharp
Top left to right: Avi Gesser, Matt Kelly, Samuel J. Allaman, and Michelle H. Bao.
Bottom left to right: Anna R. Gressel, Michael Pizzi, Lex Gaillard, and Cameron Sharp.
(Photos courtesy of Debevoise & Plimpton LLP)
Over the past three years, we have observed many companies in a wide range of sectors adopt Artificial Intelligence (“AI”) applications for a host of promising use cases. In some instances, however, those efforts have ended up being less valuable than anticipated—and in a few cases, were abandoned altogether—because certain risks associated with adopting AI were not properly considered or addressed before or during implementation. These risks include issues related to cybersecurity, privacy, contracting, intellectual property, data quality, business continuity, disclosure, and fairness.
In this Debevoise Data Blog post, we examine how the manifestation of these risks can lead to AI adoption “failure” and identify ways companies can mitigate these risks to achieve their goals when implementing AI applications.
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