5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

One-third of bosses shelve generative AI plans after Glasgow Wonka scandal

by
April 8, 2024
in Investing
0
One-third of bosses shelve generative AI plans after Glasgow Wonka scandal

<?xml encoding=”utf-8″ ?????????>

One-third of UK business leaders have abandoned plans to use generative AI following the Glasgow Willy Wonka Experience Scandal.

The catastrophic chocolate-themed event made headlines around the world after organisers used AI tools to create elaborate and misleading images to encourage ticket sales, as well as garbled AI scripts for actors appearing at the show.

The findings were revealed in a detailed survey commissioned by the Parliament Street think tank into the impact AI is having on consumer trust.

The study, conducted by independent polling agency Censuswide, quizzed 500 UK CEOs about their use of AI, including security concerns and plans for its implementation across their organisation.

Just over half of those polled (51%) said they were planning to introduce a formal code of conduct for AI use to ensure that staff use the technology responsibly.  A further 50% were planning to send staff on an AI awareness course to increase awareness of its risk.

A quarter of bosses said they had disciplined a member of staff for AI misuse this year. The same number have formally banned AI use in the workplace.

When asked about their concerns about the technology, one-third said they were worried it could be used to mislead customers. Meanwhile, one-third said a lack of AI regulation had made them worried about data privacy threats.

Simon Ward, CEO of digital specialists Inspired Thinking Group said: “The Wonka incident should serve as a wakeup call about the risks of using AI recklessly, leaving customers with a bitter after taste. That’s why it’s vital that organisations offer high quality training for staff as well as putting safeguards in place to ensure the technology is being used to give an accurate representation instead of creating a world of pure imagination.”

Derek Mackenzie, CEO of tech recruitment provider Investigo said: “AI is a very powerful technology, but bosses shouldn’t be afraid of using it. In many cases, problems occur because organisations struggle to understand how best to use the technology as well as having skillsets to deploy it correctly. That’s why it’s crucial to have a clear code of conduct in place as well as equipping workers with skills they need to operate AI tools responsibly.”

Previous Post

UK SMEs should prioritise creating disaster recovery plans to ensure business continuity

Next Post

Retail Insolvencies Surge by 19% Amidst Economic Challenges

Next Post
Retail Insolvencies Surge by 19% Amidst Economic Challenges

Retail Insolvencies Surge by 19% Amidst Economic Challenges

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Remittance growth hits 9-month low

    Remittance growth hits 9-month low

    May 15, 2025
    Approved foreign investments lowest in more than a year

    Approved foreign investments lowest in more than a year

    May 15, 2025
    Inflation seen within target until 2027

    Inflation seen within target until 2027

    May 15, 2025
    Changing work styles fueling demand for coworking spaces

    Changing work styles fueling demand for coworking spaces

    May 15, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.