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CDO Magazine's "Responsible AI Benchmark Report 2024"
Uncovers Gaps in AI Strategy
 
Produced in partnership with leading AI governance software provider ModelOp.
 

Unlock exclusive insights into the state of AI governance with CDO Magazine’s latest study featuring inputs from nearly 150 executives across diverse sectors. The "Responsible AI Benchmark Report 2024" reveals a concerning gap between the rapid adoption of AI and the implementation of responsible AI governance practices.

Get access to crucial data points and actionable recommendations for leaders facing these challenges.

Key Findings:

  • Explosive AI Growth, Lagging Governance: While an impressive 81% of respondents have at least one AI initiative in production, 23% admit their AI governance capabilities are not effective at all and only 15% say their capabilities are very effective.
  • Reliance on Vendors: Most respondents (77%) use at least a few vendor models or services. Only 48% of respondents used proprietary tools.
  • Difficulty Measuring Success: 39% of respondents find their capabilities for reporting ROI for AI initiatives moderately effective, while another 39% find them not effective at all.
  • Chief AI Officer (CAIO) Role Not Widespread: Two-thirds (66%) of respondents have no plans to establish a CAIO role. However, there appears to be a positive correlation between larger AI governance budgets and the presence of a CAIO.

Download the "Responsible AI Benchmark Report 2024" to:

  • Benchmark your organization's progress against industry trends.
  • Learn best practices for implementing effective AI governance.
  • Develop a comprehensive strategy to mitigate AI risks and maximize returns.
GET YOUR FREE REPORT!