CEOs in India Grapple with Ethical Challenges in Generative AI Adoption

CEOs in India Grapple with Ethical Challenges in Generative AI Adoption The findings from KPMG’s 2023 CEO Outlook Report shed light on the complex relationship between business leaders and the adoption of generative AI in India. The report reveals that a substantial 58% of CEOs in India view ethical challenges as a significant hurdle to embracing generative AI technology. Despite this ethical concern, a remarkable 66% of Indian CEOs consider generative AI a top investment priority. This statistic, while strong, falls just short of the global perspective, as a robust 70% of CEOs worldwide see generative AI as a critical investment priority.

These insights suggest that while Indian CEOs recognize the transformative potential of generative AI, they are also acutely aware of the ethical complexities associated with this technology. It is indicative of a conscientious approach to innovation, demonstrating the importance of balancing technological advancement with ethical considerations in the Indian business landscape. As generative AI continues to reshape industries and economies, the ethical dilemma remains a crucial conversation among business leaders in India and across the globe.

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