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Statistic
Only 21.6% of executives believe the industry has done enough to address data and AI ethics issues and standards.
NewVantage Partners: 2022 Data And AI Executive Survey
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Publish year:
2022

Report Methodology

The report features insight from 94 Fortune 1000 or leading firms. 77.0% of respondents held the role of Chief Data Officer or Analytics Officer (CDAO).

Why it Matters

The low percentage of executives who believe the industry has addressed data and AI ethics issues and standards is alarming. It highlights a lack of awareness and action in an increasingly data-driven world. Failing to prioritize ethical practices can lead to breaches of privacy, biased algorithms, and societal harm. Addressing these concerns is essential to build trust and ensure responsible innovation.

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