African Chief Executive Officers have said data security may affect their adoption of generative Artificial Intelligence.
The study noted that 54 per cent of African CEOs identified customer experience as their highest business priority and 46 per cent claimed that productivity or profitability was important to achieving their business goals and was their second highest.
It stated that those business owners expected to realise significant value from advanced forms of AI and analytics such as cloud computing, automation, generative AI, deep learning, machine learning, advanced analytics, and more. However, 51 per cent cited market factors, 49 per cent regulatory factors, 33 per cent workforce and skills as leading external factors that were having the most significant impact on their organisations.
It added, “More than half of global CEOs surveyed cite concerns about data security, and 48 per cent worry about bias or data accuracy, barriers they indicate could slow their adoption of generative AI. “African CEOs face several data challenges, with nearly half of the respondents citing unclear data calculation and reporting across suppliers and partners and within their organisations as the most critical risks or barriers.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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