What are some potential risks businesses should consider when implementing AI?

What are some potential risks and challenges businesses should consider when implementing AI?

AI tools basically offer many advantages to a company and can swiftly spearhead its evolution.

Chatbot Development,Text Completion, Conversational AI, Sentiment Analysis, Question Answering are just a few of the capabilities of the AI.

Having said that, there can be some substantial risks to the use of AI such as discrimination and bias, uncurated low quality content, loss of privacy, security, job displacement and lack of accountability to name but a few.

Companies can however safely implement AI in their operations by setting up centaur systems (highly trained humans guiding the AI), to achieve optimum results.

After all, the centaur systems were responsible for the highest ELO rating in chess in comparison to solo human players or chess programs.

In other words, in my opinion the use of AI requires highly trained people to make better use of it (prepping the AI, prompting it correctly, feeding it with curated data, reviewing and correcting its output).