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ARTICLE · 07 OCTOBER 2024

Is AI Putting Your Organization At Risk?

Lathrop GPM
Explore more from Lathrop GPM

AI tools often drive efficiency and save money, but they have drawbacks. Here's what to know.

United StatesTechnology
Sarah Duniway
Sarah Duniway
Kathleen Fisher Enyeart
Kathleen Fisher Enyeart
Edward (Teddy) Fleming, V
Edward (Teddy) Fleming, V
Tedrick Housh, III
Tedrick Housh, III

AI tools often drive efficiency and save money, but they have drawbacks. Here's what to know.

Business leaders are considering new AI tools that grow more sophisticated each day. For organizations on the lookout for innovative and tech-enabled cost savings, AI can offer a competitive edge by taking on administrative tasks, speeding up the creative process, and analyzing data. Early adopters also benefit by learning along with their AI tools. Businesses that forego AI altogether, on the other hand, risk being left behind.

As an emerging technology, AI is rapidly improving, but you cannot blithely take your hands off the wheel when you implement it. Like any new tool, AI can present unexpected legal, reputational and practical risks. This is especially true for health care and nonprofit organizations that face unique legal and constituent considerations. Below, we consider three real-world AI use cases that illustrate these hazards for organizations, along with

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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