World Economic Forum's (WEF) Global Risks Report 2024 is based on a comprehensive survey of hundreds of CEOs from around the world. Fear of the consequences of adopting AI technology and cyber risks were the top two technological risk factors.
The European Union was the first to respond with the artificial intelligence law it passed last month. The US is not far behind, with its own executive order on the development and use of safe, secure and reliable artificial intelligence issued by the Biden administration back in October 2023. It was recently reported that the American Air Force is testing new artificial intelligence software.