According to the recent survey by global consulting major PwC, many organisations are still not confident about implementing industrial artificial intelligence (AI) solutions. As per the worldwide records, an overwhelming majority of decision-makers have confessed that they may not have robust tools or processes for ensuring the reliability of their AI solutions. These AI solutions can be embedded in the workflow of applications and help in the day-to-day decision-making process. The findings of the survey show that only 10% of Indian respondents were confident about the reliability of their AI applications. The sample size of these respondents ranges over 1,000 business decision-makers from India and other regions.
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As per the survey, around 62% of Indian corporate chiefs have, however, said that they have applied AI in some form in their organisation. But 53% have also admitted that they have no formal approach to identify AI risks. In comparison with the global data, only 36% of the respondents have agreed on the same. 29% of the respondents in India also feel that they have no tools to access security flaws in their AI systems.
Source: Republic
