S&P 500 Firms Quietly Worry About AI Risks

Despite public pronouncements of AI's business opportunities, a growing number of S&P 500 companies are listing AI among their major risks in official financial filings. Research from The Autonomy Institute reveals that three-quarters of S&P 500 firms have updated their risk disclosures to detail AI-related concerns, including cybersecurity threats (like deepfakes and malicious code generation), data privacy, intellectual property issues, and reliance on third-party AI vendors. Some even warn of potential losses on AI investments. While public discourse focuses on job displacement, corporate concerns center on AI harming business interests and exposing sensitive data. This shift highlights a growing corporate awareness of AI risks.