44% of organizations report significant productivity gains from AI, and 38.3% implement ethical AI guidelines.

The "Industry 5.0 and AI Report" by BML Munjal University reveals that 44% of organizations have seen significant productivity gains from AI, with 21% recognizing its role in innovation across sectors like finance and healthcare. However, challenges persist, including a shortage of AI-trained personnel and ethical concerns about algorithmic bias and data privacy. To address these issues, 38.3% of organizations have implemented ethical AI guidelines to promote transparency.

October 20, 2024
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