Most firms feel unprepared for new AI regulations – VinciWorks
When it came to AI training, only a fifth (22%) said their organisation provides AI awareness training they consider effective.
VinciWorks surveyed 230 compliance, legal and IT professionals and found only 3.5% said their organisation was fully prepared for artificial intelligence (AI) regulation.
Over a quarter (29%) were still figuring out what rules even apply to them.
63% could not describe their organisation as prepared for the regulatory environment.
When it came to AI training, only a fifth (22%) said their organisation provides AI awareness training they consider effective.
Nearly half (48%) had no AI training but wanted to offer it.
Another 12% had no plans for training, and 12% had training in place but said it was not very effective.
In total, 78% lacked effective AI training at a time when regulators expect staff to understand and document how AI systems handle personal data.
When asked about GDPR and AI, 27% pointed to automated decision-making rules as the biggest challenge, 23% to data minimisation and retention, and 21% to vendor and model provider oversight.
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