News / Industry starting to reap benefits of AI – but risks grow alongside

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2024 is the year organisations will begin deriving business value from AI, according to consultancy McKinsey & Co, but additional investment for cyber security can’t be ignored.  

“If 2023 was the year the world discovered generative AI, this is the year organisations truly began using – and deriving business value from – this new technology,” said McKinsey.  

Its latest global survey found 65% of respondents reported their organisation regularly using AI, nearly double the percentage from a survey 10 months ago.  

It ...