The biggest risks of AI are expected to be privacy and cybersecurity, overdependence, and manipulation of algorithms. What are the greatest risks of AI-enabled innovation Other risks: in general? • Companies not being ready at management level to anticipate and adopt change early enough (Respondents selected up to five options.) Privacy and cybersecurity concerns 54% • Misinformation and disinformation and AI “hallucinations” becoming more prevalent and compelling, influencing public behaviour Loss of control / overdependence 51% • Stock market manipulation Algorithm manipulation 41% • Data errors • Being in the wrong human hands Bias and discrimination 37% • Crime Ethical dilemmas (in healthcare, 36% transportation, etc.) Transparency and accountability 32% Intellectual property infringement 28% Job displacement 22% Economic inequality 20% Monopoly power 20% Autonomous weapons 20% Other 2% * Numbers do not add up to 100% as five answer options were selected
Charting the future: Switzerland's path to generative AI leadership in 2024 Page 12 Page 14