What is AI Governance?

What is AI Governance?

AI governance refers to the set of policies, procedures, and management practices that are put in place to ensure that artificial intelligence (AI) systems are developed, deployed, and used in an ethical, transparent, and accountable manner. This can include issues such as data privacy, bias, explainability, safety, and accountability of AI systems.

AI governance can involve a wide range of stakeholders, including government regulators, industry leaders, academics, and civil society groups, and can take many forms, including laws, regulations, industry standards, and voluntary guidelines. It is a complex and evolving area, and as the use of AI increases, it is becoming increasingly important to ensure that these systems are developed and used in ways that align with societal values and priorities.

6 steps to implement AI governance?

Implementing AI governance can be a complex and multifaceted process, and the specific steps will depend on the particular context and use case. However, some general steps that organizations can take to implement AI governance include:

1. Develop a clear and comprehensive AI strategy: This should outline the organization's goals, objectives, and values related to AI, and provide a framework for decision-making and risk management.

2. Establish governance and oversight structures: This can include creating an AI governance board, appointing a chief AI officer, or establishing cross-functional teams to oversee the development and use of AI systems.

3. Identify and assess risks: This can include identifying potential ethical, legal, and regulatory risks associated with the use of AI, as well as assessing the potential impact of AI on stakeholders.

4. Establish policies and procedures: This can include developing policies and procedures for data management, model development and deployment, explainability, and accountability.

5. Foster a culture of transparency and accountability: This can include making sure that AI systems are transparent and interpretable, providing clear explanations for how decisions are made, and being open to feedback and input from stakeholders.

6. Continuously monitor and evaluate AI systems: This can include regularly reviewing AI systems to ensure that they are meeting organizational goals, identifying and mitigating any unintended consequences, and making necessary adjustments as needed.

It's important to note that AI governance is an ongoing process, as the field and context of AI is rapidly evolving, and it's important to be able to adapt and update the governance measures accordingly.

Can you automate elements of AI Governance?

Automating certain aspects of AI governance is possible, but it is also important to note that AI governance is a complex process that requires human oversight and decision-making. Automation can be used to help with certain tasks, such as monitoring and compliance, but it is not a replacement for human judgement and oversight.

For example, it is possible to automate the monitoring of AI systems to ensure that they are functioning within established parameters, or to automatically flag potential ethical, legal or regulatory risks. Automation can also help with compliance by making sure that AI systems are adhering to relevant laws and regulations.

It's also possible to automate some aspects of model development and deployment, such as implementing auto-encoding and auto-tuning algorithms to improve model performance.

However, it's important to note that, while automation can help with certain aspects of AI governance, it is not a replacement for human judgement, transparency, and accountability. It's important to have human oversight and decision-making in the loop to ensure that AI systems are meeting organizational goals, and aligning with societal values and priorities.

Contact us to learn about Data Sentinel AI Governance technology.