AI is no longer a theoretical possibility; it’s here. It will continue to evolve, presenting us with great opportunities, but also a whole new set of risks to consider.
Artificial intelligence has been with us for much longer than most people think.
It’s now over 20 years since the IBM supercomputer Deep Blue beat chess champion Garry Kasparov, a milestone moment when we began to wake up to the fact that a computer can match - and then outdo - what a human can.
Since then, the conversation has largely been confined to the halls of academia and the secret labs of technology companies. It’s only very recently that we have begun to see what AI can do in the real world.
There are two questions that an internal audit function typically asks: Audit of AI - looking at all the uses of AI in the organisation, or Audit with AI - using AI to improve internal risk processes.
But the question for every business and every industry is: Are you ready for AI?
Find out why AI must be included within audits by downloading our paper 'Auditing within AI'.