IBM Study: 71% of Indian CEOs See Trust in AI as Impossible Without Effective Governance

An IBM study reveals that 71% of Indian CEOs believe AI trust is unattainable without robust governance. Dr. Ravinder Goyal, Co-Founder of Erekrut, emphasizes the need for clear guidelines, data privacy, and transparency to ensure responsible AI use.
The Financial Express 27-Jun-24

A recent IBM study reveals that 71% of Indian CEOs believe AI trust cannot be achieved without effective governance. With the rapid adoption of AI, concerns about privacy, bias, and transparency are rising. Highlighting the importance of structured governance, the report shows only 42% of Indian CEOs have adequate AI governance in place. Industry experts, including Ravinder Goyal, Co-Founder of Erekrut, stress the need for clear data usage guidelines, privacy compliance, and dedicated AI governance teams to bridge this gap and ensure ethical AI deployment.

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