AI compliance issues hit 2 in 5 large companies, legacy workflows a big factor

A Sapio Research survey of 1000 executives found that 40% of large companies had AI compliance or governance incidents in the past year, with processes at fault in 84% of cases. The average cost of AI projects that failed due to processes was $1.55 million per organization.

• 40% of large companies had an AI compliance or governance incident in a year
• 84% of incidents linked to processes, not technology
• Average cost of process-related AI project failure: $1.55 million
• Adapting key processes for AI will take an average of 4 years