This article explores the transformative potential of Artificial Intelligence (AI) and its paradox. On the one hand, AI is like an artificial sweetener, enhancing our experiences and offering transformative advantages. On the other, without proper understanding, it can lead to unwanted outcomes. Through this lens, integrated risk management (IRM) provides the vital balance we need in the world of AI.

The future of AI and ML will likely involve even greater integration across various risk management domains, enabling organizations to proactively identify risks, allocate resources more efficiently, and strengthen their overall risk management capabilities.