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Only 10% of S&P 500 management teams actually quantified AI’s impact on specific use cases, Walker wrote, and a mere 1% quantified its impact on earnings. Furthermore, broader economic adoption remains sluggish. While half of companies in the broader Russell 3000 discussed AI, U.S. Census survey data indicates that fewer than 20% of establishments are currently utilizing AI for any business functions.
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If, instead, the rules are ignored when convenient, the company and its board need to implement much stronger governance mechanisms, with explicit guardrails; otherwise, in practice, the board is sidestepped.