Approximately 81% of organizations have implemented AI policies concerning generative AI.

The generative AI subset of Artificial Intelligence can produce original content, including writing, graphics, and music. It is a field that is expanding quickly and has many potential uses. But generative AI also brings up a variety of moral and legal issues. Numerous organizations have put in place generative AI strategies to address these worries. According to a recent Insight poll, 81% of organizations have already formed or are implementing policies or strategies surrounding generative AI.

However, The study discovered that there is still a critical need for more excellent instruction and knowledge regarding the safe use of this technology. There is still much to learn about teaching businesses about generative AI since just 41% of respondents grasped this technology's potential hazards and benefits.

The study also discovered that many organizations do not fully align their generative AI policies with their larger ethical and governance frameworks. There is a need for improved alignment between both frameworks since just 41% of respondents had fully integrated their generative AI principles with their more general ethical standards.

The poll also revealed data privacy, bias, and the possibility of abuse are the most often voiced worries regarding generative AI. Numerous actions are being taken by organizations to address these issues, including:

• Establishing clear guidelines for the security and privacy of data.
• Educating staff about generative AI's ethical and legal ramifications.
• Using generative AI ethically and openly.
• Although the application of generative AI is still in its infancy, it is evident that

Growing awareness of the need for responsible and ethical use of this technology goes hand in hand with applying generative AI in business and society. It is encouraging that 81% of organizations have put policies on the usage of generative AI into place because it shows that more people are aware of the advantages and disadvantages of this technology. However, there continues to be a significant need for this issue's education and awareness and better generative AI policy alignment with broader ethical and governance frameworks. We can only exploit this technology to its most significant potential if we use it responsibly and thoroughly.