Source: Irish Examiner

Irish Examiner reports on the findings of a significant new study titled "Decoding AI," which highlights a marked shift in how European companies are managing and disclosing their use of artificial intelligence. The report analyzes the annual reports and public filings of major listed companies across the European Union, revealing that a growing percentage are now explicitly detailing their AI strategies, ethical guidelines, and risk management frameworks. This contrasts sharply with previous years, where AI adoption was often opaque or mentioned only in vague marketing terms without substantive governance structures attached.

The data indicates that board-level oversight of AI is becoming a standard practice, driven largely by the anticipation of stringent regulations like the EU AI Act and increasing pressure from shareholders for transparency regarding digital transformation risks. The article notes that while the quantity of disclosure has improved, the quality varies, with some sectors leading in detailed compliance roadmaps while others lag. Legal experts cited in the piece suggest that this trend towards enhanced disclosure is not just a regulatory necessity but a strategic differentiator, as robust governance frameworks are seen as essential for building trust with consumers and investors in an era of rapid technological disruption.