Weighing Risk and Reward with Generative AI Vendor Selection: A Comprehensive Guide for CDOs
Generative AI, with its transformative impact across industries, poses both opportunities and risks. The incident of Sam Altman’s dismissal and reinstatement at OpenAI underscores the volatility of the AI market and the importance of stable leadership. Chief Digital and Data Officers (CDOs) must strategically evaluate vendor selection, considering ethical compliance, scalability, and risk mitigation strategies.
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