In late 2022, the launch of ChatGPT highlighted both the immense opportunities and significant risks associated with artificial intelligence (AI). This pivotal moment also underscored the urgent need to align with responsible artificial intelligence (RAI) principles to guide this transformative technology.

This white paper explores the essential role of investors in advancing the adoption of RAI. Based on extensive research and over 100 stakeholder interviews, the paper encourages investors to engage with corporate boards, investment partners and the broader ecosystem to promote RAI adoption. It highlights the necessity of strong governance frameworks and clear RAI standards designed to ensure AI applications are honest, helpful and harmless. It underscores how RAI can mitigate risks and meet regulatory requirements while driving growth through enhanced customer trust and brand reputation.

Finally, it offers a playbook to help investors balance immediate efforts to harness AI's potential with a longer-term prudent approach to foundational concerns.

Report by the World Economic Forum