The fun, carefree days of AI experimentation are nearly at an end, with swathes of compliance legislation inbound to control AI usage among employees. There’s also pressure on how AI-generated results and data accuracy is checked. Not that you would know from the small number of firms reporting as ready for business-wide compliance.
With the Financial Conduct Authority (FCA) continuing to impose record-breaking fines, and other governance on the cards, helping businesses tackle compliance in today’s fast-paced regulatory landscape is crucial. Skillcast has launched Aida, an AI-powered digital assistant aimed at boosting employee engagement with accurate, confidential responses that align with company policies.
AI Fought the Law, and the Law Wins
Aida is unique due to its intelligent AI model, incorporating an organisation’s own policies and systems alongside Skillcast’s broad range of ready-made compliance eLearning courses. A recent Skillcast survey found that 78% of businesses cite data privacy compliance as their greatest concern when adopting AI, followed closely by a lack of human oversight in AI decision-making.
- Aida generates accurate, policy-aligned responses by drawing on a business’s internal compliance hub, maintaining confidentiality for each user.
- Only 2.8% of businesses feel ‘very prepared’ to comply with emerging AI regulations.
- 29% deem AI compliance training essential, while 43% are actively exploring implementation.
- Aida provides bite-sized, personalised training modules tailored to employee needs, making compliance training less overwhelming.
- Positive feedback highlights Aida’s ease of use and its ability to convert compliance training into real-time conversations.
Why Should I Read This?
If you’re involved in navigating the murky waters of AI compliance, this article is a must. It reveals just how unprepared many UK firms are for incoming regulations and showcases a promising solution in Skillcast’s Aida. It’s essential reading for anyone looking to stay ahead in the compliance game—you don’t want to be caught off guard as the rules change!