Industry expert, delves deeper into AI governance and explores the importance of calculating the risk of using AI tools
The main objective of AI governance is to ensure that AI is developed and used in a safe, transparent, ethical, and accountable manner.
Therefore, it is crucial to ensure that AI is developed and used responsibly and ethically. Secondly, AI systems can introduce biases or make unfair and discriminatory decisions, which can have severe consequences for individuals and groups. Overall, AI governance is necessary to ensure that AI is developed and used in a manner that benefits society and aligns with our values and ethical principles.Data governance and AI governance are related concepts but have distinct focuses and scopes.
On the other hand, AI governance refers to establishing policies, and standards, and managing the development, deployment, and application of AI systems to ensure their safety, reliability, and objectivity. AI governance ensures that AI systems are used in a manner that complies with legal and ethical requirements.
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