Summary
Highlights
AI is projected to boost global GDP by 14% ($15.7 trillion) by 2030, according to PricewaterhouseCoopers. Google believes that the responsible and fair deployment of AI is critical to realizing this projection, considering responsible AI synonymous with successful AI that can be deployed with trust in the long term. Responsible AI programs also offer strategic and competitive advantages to businesses.
To explore the business benefits of responsible AI, Google sponsored a report titled “Staying Ahead of the Curve: The Business Case for Responsible AI,” developed by The Economist Intelligence Unit (EIU). The report showcases the value of responsible AI practices in an increasingly AI-driven world and details its impact on an organization’s core business considerations. The report is based on extensive data-driven research, expert interviews, and executive surveys, reflecting the sentiment of developers, industry leaders, and end-users.
The video encourages viewers to read the full report, available in the resources section, to connect business goals with responsible AI initiatives. The report is divided into seven sections, detailing how responsible AI enhances product quality, improves talent acquisition and retention, contributes to better data management and privacy, ensures readiness for AI regulations, leads to growth, strengthens stakeholder relationships, and maintains trust and branding.