The urgency for effective AI governance is further underscored by the alarming statistic that over half of technology workers do not believe their workplaces are equipped to address AI-related risks.
“For Indian organisations, the imperative must be to integrate AI seamlessly into existing systems, addressing both technical and knowledge gaps to ensure sustainable adoption…the journey requires continuous upskilling and cross-functional collaboration.”
“By fostering trust through robust frameworks and ethical practices, businesses can mitigate risks and unlock AI’s potential to drive innovation, enhance reputation and deliver value with confidence in an increasingly AI-driven landscape,” Jayant Saran, Partner, Deloitte India, said.
Despite these challenges, there is a silver lining: approximately 60 per cent of the workforce in surveyed organisations reportedly possesses the skills required for ethical and legal AI usage.
Additionally, 72 per cent of organisations are actively working to bridge the skills gap by hiring individuals with expertise in ethical AI practices.
This proactive approach enhances workforce readiness while managing emerging challenges associated with responsible AI adoption.
“Indian executives are optimistic about the transformative potential of effective AI governance, with 63 per cent emphasising that it would lead to higher levels of trust in the outputs or results generated by AI solutions,” the report said.
