When ChatGPT was released in November 2022, it was considered a significant leap forward in artificial intelligence (AI). Many compared it to the internet in terms of its potential to disrupt business practices, regulations, and social norms. While this specific system has received a tremendous amount of attention, it is only one example of the many tools that fall under the AI umbrella. AI is at the heart of every smart device that we use, and it also drives far more sophisticated applications that are transforming businesses. It is being put to work in business, government, health care, and many other fields to replicate human analysis and even decision making.
While this evolving marvel holds great promise to revolutionize business, internal auditors should learn the technology, understand its usage within their organizations, and examine related ethical considerations. This series looks at:
- Understanding, Adopting, and Adapting to AI
- Revisiting The IIA's Artificial Intelligence Framework
- Internal Audit's Role in AI Ethics
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