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Chief AI officers in demand as IT leaders expect gen AI productivity boost, survey finds

CIO

Security and privacy concerns Survey respondents have some ethical concerns about the use of generative AI, with security and privacy chief among them (both cited by 36%), followed by authenticity and trust (34%), intellectual property (31%), regulatory compliance (29%), bias (27%), and transparency (27%).

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20 issues shaping generative AI strategies today

CIO

Foundry’s gen AI survey found that retail CIOs are leading the way on identifying use cases (49%), followed by IT leaders in the manufacturing (42%), technology (42%), and financial services (32%) sectors. Compliance with data protection laws, intellectual property regulations, industry-specific guidelines, and ethical standards is crucial.

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Enterprise IT moves forward — cautiously — with generative AI

CIO

And over at used car retailer CarMax, they’ve been using generative AI for over a year, leveraging OpenAI’s APIs to consolidate customer review text to summaries that are more manageable and readable. But CIO Shamim Mohammad says his team has expanded its use of the technology into other areas as well.

IT 721
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Web scraping e-commerce websites - Top five legal battles and learnings

Data Hut

Consumer Access: The dominance of bots creates an unfair barrier to entry for ordinary consumers, hindering their ability to access and purchase desired sneakers at retail prices. This case highlights the importance of intellectual property, fair use, and the ethics of web scraping in e-commerce.

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How retailers are empowering business transformation with TCS and Microsoft Cloud

CIO

The retail industry is always in motion. Retailers are also improving customer experiences by removing friction. When retailers embark on this journey, they gain more control in providing optimum customer experience and give their customers a sense of affiliation at the same time” says Shree Venkat.

Retail 606
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Should you build or buy generative AI?

CIO

Although the copyright and intellectual property aspects of generative AI remain largely untested by the courts, users of commercial models own the inputs and outputs of their models. The data usage policy and content filtering capabilities were major factors in our decision to proceed,” Mukaino says.

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Generative AI in Investment Banking

Alpha Sense BI

Within their retail divisions, banks introduced ATMs in the 1960’s, and in the decade that followed, electronic card-based payments. On the retail side, they emerged as customized banking and financial tools such as virtual assistants, fraud detection services, and risk management tools.

Banking 59