Artificial Intelligence (AI) is rapidly becoming part of everyday business, helping to improve productivity and efficiency. As adoption of AI tools increases, so does the need for clear governance. AI Governance refers to the policies and controls an organisation implements to ensure that AI is used responsibly.
AI Governance helps employees understand what tools can be used, what information can be shared and at what level human oversight is required. Without appropriate governance, organisations may risk insecure data sharing, compliance issues and inaccurate content or analysis. Just as businesses establish policies for cyber security, they should also develop guidelines for their AI usage.
While AI can be a valuable tool, it’s outcome depends on how it is used. AI Governance allows organisation to introduce AI into the business with reduced risk. The use of policy, training and usage guidelines allows for the safe use of an exciting new tool.
Does your business have an AI framework in place?
