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AI Governance

142 words·1 min
Table of Contents

Definition
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The organizational structures, policies, and processes that ensure AI systems are developed and used ethically, legally, and in alignment with business objectives.

Key Characteristics
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  • Risk assessment protocols
  • Compliance tracking mechanisms
  • Stakeholder accountability matrices
  • Model documentation standards (e.g., model cards)

Why It Matters
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62% of enterprises report AI governance gaps leading to compliance fines (MIT Sloan, 2023). Critical for regulated industries like healthcare and finance.

Common Use Cases
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  1. Pharmaceutical clinical trial AI oversight
  2. Bank loan approval system audits
  3. Public sector algorithmic impact assessments

Examples
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  • IBM AI Governance Toolkit
  • Microsoft Responsible AI Dashboard
  • EU AI Act compliance templates

FAQs
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Q: How does governance differ from ethics?
A: Governance enforces compliance through systems, while ethics focuses on moral principles.

Q: Who owns AI governance in organizations?
A: Typically a cross-functional team with legal, data science, and ops representatives.