AI Governance Frameworks and Risk Management Frameworks: Building Trust in Intelligent Systems
Artificial intelligence isn’t just some faraway dream; it’s inextricable in the way a company runs, a government makes decisions, and a user interacts with it. Whether applying for a loan, analyzing a health issue, checking out potential employees, or developing marketing strategies, AI influences outcomes at a broad level. However, with such power comes great responsibility; organizations cannot deploy AI systems without certain parameters in place. Therefore, having an AI governance and risk management come into play.