Tag: Confidentiality

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Tech giants are prohibiting employees from using ChatGPT due to security concerns, leaving workers uncertain of the legal implications. Even if not explicitly banned, utilizing this AI chatbot for sensitive data analysis may result in serious repercussions, including being fired or facing legal action. Legal and HR experts highlight that policies must be followed to avoid potential legal entanglements and being blacklisted.

Smaller accounting firms are cautiously curious about the potential of ChatGPT, an accessible AI tool that can streamline accounting processes. Although some firms have used it as a junior writer for blog posts and to summarize accounting research, confidentiality risks are a concern. While the legalities of using ChatGPT remain uncertain, its potential benefits are being examined.

Gartner identifies potential legal risks of using large language models like ChatGPT. Companies need to establish safeguards to avoid reputational and financial consequences.

The European Commission cautions employees on the risks of using online generative AI models such as ChatGPT and Bard. Guidelines are reviewed regularly to ensure compliance with the EU's AI Act.