AI Creeps Into the Risk Register For America's Biggest Firms (theregister.com) 8
America's largest corporations are increasingly listing AI among the major risks they must disclose in formal financial filings, despite bullish statements in public about the potential business opportunities it offers. The Register: According to a report from research firm The Autonomy Institute, three-quarters of companies listed in the S&P 500 stock market index have updated their official risk disclosures to detail or expand upon mentions of AI-related risk factors during the past year.
The organization drew its findings from an analysis of Form 10-K filings that the top 500 companies submitted to the US Securities and Exchange Commission (SEC), in which they are required to outline any material risks that could negatively affect their business and its financial health.
The organization drew its findings from an analysis of Form 10-K filings that the top 500 companies submitted to the US Securities and Exchange Commission (SEC), in which they are required to outline any material risks that could negatively affect their business and its financial health.
They're still "disclosing wrong" (Score:1)
Re: (Score:2)
The Form 10-K disclosures are mainly concerned with external actors using generative AI in phishing and cyberattacks. While these are real and evolving risks they're continuing to wear rose-colored glasses and ignore their own internal use of AI and the business-breaking risks that exposes them to.
(CEO) ”I want these criminals caught! I’m pressing full charges too. No mercy for those who tried to attack us!”
(FBI) ”Uh, according to our investigation, it appears you phished yourself. The suspects name is ‘Hey-Yai’, so a representative from ICE would like to speak with you..”
Re: (Score:3)
(FBI) ”Uh, according to our investigation, it appears you phished yourself. The suspects name is ‘Hey-Yai’, so a representative from ICE would like to speak with you..”
The government going after a business management for possibly hiring an undocumented worker? That's a good one!
Re: (Score:2)
as long as they (+5) are escorted by one documented one, its legit
AI creeps are the worst. (Score:1)
Don't know what the hell they're doing here. They don't belong here.
AI is Social Media 2.0. Give us your data ... (Score:1)
.. and we'll sell it right back to you.
You don't have to do anything, your Co-Pilot is recording everything you do, targeting you with helpful adverts with unparalleled levels of personal precision. We know what you want before you do.
Have you tried AI enabled brain dongle. You can get your favourite sponsored content directly into your dreams. Why sleep when you can dream the dreams of eternal media.
Your worth it.
Well your undivided attention is at least.
Read the article... (Score:2)
My first thought was "in what context?" - how is AI a risk to (say) Shell? Or Tata Steel?
Turns out it's buried in TFA:
> For example, it found that 193 companies (39 percent of the S&P 500) expanded their disclosure of risks related to criminals or nefarious folk potentially using AI for threats such as digital impersonation, the creation and spread of disinformation, and to generate malicious code.
They seem to be saying they're worried about AI being used in crimes against them, most likely I guess w