European Union Artificial Intelligence Act: An Auditor’s Perspective
Navigating through the new regulation and maintaining compliance means that organizations will need appropriate AI governance and auditing capabilities. The questions that arise then are: Who should these auditors be?
By Poonam Gupta
The artificial intelligence (AI) space is rapidly growing across all sectors. From law enforcement to healthcare to kindergarten lesson planning, we are seeing AI implementations everywhere. As the world identifies more use cases of how AI can support business operations, organizations will not shy away from jumping on the automation bandwagon.
According to a 2023 IBM survey, 42 percent of enterprise-scale businesses integrated AI into their operations, and 40 percent are considering AI for their organizations. In addition, 38 percent of organizations have implemented generative AI into their workflows while 42 percent are considering doing so.
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