AI Governance 101: The First 10 Steps Your Business Should Take
Artificial Intelligence (AI) is reshaping how your business operates – but adopting AI technology comes with new responsibilities. The only way to ensure that the AI you use aligns with your business goals, complies with regulations, and operates ethically is through “AI governance.” This 10-step guide provides you with straightforward steps for getting started, covering the basics and helping you avoid risks from day one. 1. Understand What AI Governance Is Let’s start with the basics to make sure we’re on the same page. AI governance is simply a framework of rules, practices, and policies that direct how your organization manages AI technologies. Governance is about building a process, following the process, and documenting the process. These steps will ensure that your AI technology aligns not only with your company values and customer expectations but also with the legal standards that are springing up as courts and government investigators adopt them. The five key principles to...