<ul><li>A recent study by HCLTech and MIT Technology Review Insights reveals that 85% of business executives are not adequately prepared to implement responsible AI principles.</li><li>Challenges hindering responsible AI adoption include complexity of implementation, lack of expertise, operational risk management difficulties, regulatory compliance hurdles, and insufficient resource allocation.</li><li>Enterprises plan to increase investments in responsible AI over the next twelve months.</li><li>Recommendations for enterprises include establishing a robust responsible AI framework, leveraging partnerships, and setting up a dedicated Center of Excellence for AI initiatives.</li></ul>

85% Executives Are Unprepared to Implement Responsible AI: HCLTech-MIT Report

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