A new research study from BigID explores generative AI adoption, challenges, and outlook for organizations in 2024
BigID presents “The 2024 Global Report on Generative AI: Breakthroughs & Barriers,” exploring AI adoption trends, challenges, and future plans.
1. The Rise of Generative AI:
– BigID’s research reveals that 83% of organizations are actively embracing or preparing for generative AI.
– Despite its potential, concerns over data security persist, with more than two-thirds of organizations ranking it as their top AI concern.
2. Navigating Security Challenges:
– Security concerns have led to legislative responses like the EU AI Act and US Executive Orders, emphasizing the need to mitigate risks.
– BigID offers solutions to streamline security and risk management, ensuring responsible AI adoption.
3. Key Findings:
– Data security ranks as the top AI concern for over 50% of organizations.
– Nearly half of organizations experience adverse business outcomes from AI usage, including data breaches.
– Confidence in meeting future AI regulations is lacking among 73% of surveyed organizations.
4. Addressing Challenges:
– While generative AI presents opportunities for innovation, ensuring data security, privacy, and responsible use is crucial.
– Stephen Gatchell, BigID’s Sr. Data Advisory Director, emphasizes the importance of prioritizing and securing data for GenAI.
5. Actionable Solutions:
– The study explores challenges, root causes, and solutions to strengthen data security, privacy, and compliance in the AI age.
– BigID offers insights to empower organizations in safely accelerating AI adoption.
The 2024 Global Report sheds light on the challenges and opportunities of generative AI adoption. It underscores the importance of prioritizing data security, privacy, and compliance to unlock AI’s full potential while mitigating risks.
