Technology Magazine April 2024 | Page 20

EXECUTIVE INSIGHT
Therefore , whilst building up good business acumen , it ’ s important for CIOs to not neglect their technical side with the rise of AI and other emerging technologies .
“ This is a very fine balancing act for us to manage in today ’ s rapidly evolving technology landscape ,” Purohit explains . “ As an organisation , it ’ s critical for us to embrace new technologies to drive innovation , improve operational efficiency and gain a competitive edge .
“ However , with this comes the responsibility of safeguarding data and maintaining the trust of all stakeholders . The establishment of an ethical guideline for AI development and deployment is a critical requirement for organisations and to ensure that all algorithms and models are designed and utilised in a private , fair and transparent manner .”
What key components should CIOs focus on to build a secure and ethical AI infrastructure ? When it comes to responsible AI frameworks , Purohit describes that CIOs should look to spend time understanding AI and build necessary guardrails around enterprise data protection by investing in the right forms of this increasingly popular technology . They should be careful , however , in implementing new tech despite the hype surrounding AI , which Wipro ’ s responsible AI framework underpins .
20 April 2024