AI's Transformative Economic Potential and the Accelerated Evolution of Integrated Risk Management

Artificial IntelligenceAutonomous IRM
Written By John A. Wheeler

Artificial intelligence (AI) is ushering in a new era that promises to redefine the global economy and risk management landscape. Recent projections by IDC estimate that AI will contribute a staggering $19.9 trillion to the global economy by 2030, driving 3.5% of the worldwide GDP. For every dollar invested in AI, an impressive $4.60 is expected in economic returns. Simultaneously, KPMG International's 2024 Future of Risk report reveals that 61% of executives anticipate a significant increase in risk levels over the next three to five years.

John A. Wheeler

John A. Wheeler is the founder and CEO of Wheelhouse Advisors, a global risk management strategy and technology advisory firm. With over three decades of experience in various roles spanning executive management, finance, risk management, audit, and IT, John is a world-renowned expert and advisor in integrated risk management technology, executive leadership, and corporate governance.

https://www.linkedin.com/in/johnawheeler/
Sign up to read this post
Join Now
Previous

The Rising Tide of Cyber Threats: How Integrated Risk Management Can Combat AI-Driven Attacks
Next

Cyberattack on Grocery Giant Exposes Global Risk Management Gaps