As businesses continue to explore and test AI use cases at scale, oversight from regulators will increase. This means mounting pressure for organizations to establish guardrails, monitor faults in algorithms or inaccurate training data, and assess for bias and hallucinations. But who in the organization owns this responsibility? This virtual discussion explores how managed operations are poised to play the role of overseer, managing risk and meeting compliance requirements associated with AI. In this webinar, we'll cover: How AI growth can have a significant impact on highly regulated industries from a compliance standpoint. The importance of building out governance and control processes from a corporate risk perspective before rolling out AI algorithms. The important factors in establishing a governance position on responsible tech for AI strategy. Why it's crucial to establish the necessary foundations before implementing AI engines across the enterprise at scale. How dashboards and reports can be generated from operations and fed into the managed services database to spot anomalies. #AI #compliance #operations #governance #ownership
Heiti Hoffschmidt’s Post
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[Exploring AI Governance with IBM] 📆 Tuesday May 21st @12pm CT Join Steven Eliuk, VP AI & Governance at IBM, for a 45-minute virtual talk and group discussion on the critical need for AI governance to future proof solutions and protect your investments. Steven invites you in his own words! Register using the event link below 🔗⬇️. Group discussion: Why are regulators heavily focused on AI? How do you establish a robust 'AI baseline' aligned with evolving regulations? How do you plan for Ethical Debt and model builder transparency risks? Explore the answers to these questions and ask you own! Connect & Follow us: FromTheExperts (FTE)™ - The FTE Show #AI #datagovernance #enterpriseai #innovation #management #technology #riskmanagement #aiethics #CAIO
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For Community Banks, Credit Unions, and SMBs, AI represents a significant opportunity to innovate and enhance operational efficiency. However, the key to successfully adopting AI lies in establishing a strong governance framework. By outsourcing AI capabilities, protecting data confidentiality, aligning AI initiatives with business strategy, and ensuring ethical practices, businesses can leverage the benefits of AI while minimizing risks.
Unlock the Potential of AI: Best Practices for Governance in SMBs and Financial Institutions Artificial Intelligence (AI) offers incredible opportunities to automate tasks, improve decision-making, and enhance customer service. But with these opportunities come risks—data security, compliance, and ethical concerns. For SMBs and financial institutions, the key to unlocking AI’s potential lies in robust AI governance. Discover how outsourcing AI capabilities, protecting data confidentiality, and aligning AI initiatives with business goals can help your organization stay ahead in the AI game. Read our latest article to learn more about the best practices in AI governance. Ready to explore AI for your business? Reach out to us with any questions. #AI #AIGovernance #SmallBusiness #FinancialInstitutions #DataSecurity #Automation #EthicalAI #BusinessStrategy #GovernanceFramework https://lnkd.in/gGSYif_p
Unlocking the Potential of AI for SMBs and Financial Institutions
itechgovernance.com
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Here are four takeaways from a conversation I had today with an AI leader in a highly regulated industry: 1. Humans are the “security control” for the risk of generative AI giving incorrect outputs > means internal use cases only. 2. Buy not Build - BUT, the market is messy, moving fast, and its not clear there is an obvious buy choice for horizontal enterprise solutions. 3. Pareto rules AI skills/training - 20% of the workforce will create 80% of the value. 4. Data + LLM - This is where the known value will be extracted, but data pipelines and managing risk are still time consuming and hard to solve. What would you add or disagree with? #GenerativeAI #llm #EnterpriseAI #ArtificialIntelligence
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Unlock the Potential of AI: Best Practices for Governance in SMBs and Financial Institutions Artificial Intelligence (AI) offers incredible opportunities to automate tasks, improve decision-making, and enhance customer service. But with these opportunities come risks—data security, compliance, and ethical concerns. For SMBs and financial institutions, the key to unlocking AI’s potential lies in robust AI governance. Discover how outsourcing AI capabilities, protecting data confidentiality, and aligning AI initiatives with business goals can help your organization stay ahead in the AI game. Read our latest article to learn more about the best practices in AI governance. Ready to explore AI for your business? Reach out to us with any questions. #AI #AIGovernance #SmallBusiness #FinancialInstitutions #DataSecurity #Automation #EthicalAI #BusinessStrategy #GovernanceFramework https://lnkd.in/gGSYif_p
Unlocking the Potential of AI for SMBs and Financial Institutions
itechgovernance.com
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Worth reading article "How to Prepare Your Company for AI Incidents" from the Harvard Business Review. It appears to offer a high-level overview and its framework for incident response may seem similar to those for other technologies. However, the article does provide valuable insights specific to AI-related incidents, which can present unique challenges. Key Takeaways from the Article: 🎯 Unique Nature of AI Incidents: AI systems can behave unpredictably, leading to incidents that are not typically encountered with traditional technologies. This unpredictability necessitates specialized preparation and response strategies. 🎯 Proactive Monitoring: implementing continuous monitoring of AI systems is crucial to detect anomalies and mitigate potential issues before they escalate. 🎯 Cross-Functional Response Teams: addressing AI incidents effectively requires collaboration across various departments, including IT, legal, and communications, due to the multifaceted nature of AI-related challenges. 🎯Regulatory Compliance: staying informed about evolving regulations specific to AI is essential to ensure compliance and avoid legal repercussions. https://lnkd.in/dbEz4k6h
How to Prepare Your Company for AI Incidents
hbr.org
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#GenAI application in the public sector is set to grow at more than 50% a year. But even as #AI revolutionises governmental organisations, they must also manage growth and safeguard against its potential risks. Implementing a #ResponsibleAI framework is crucial for maximising AI’s potential, balancing the technology’s growth with ethical considerations and risk management. Artificial intelligence is bringing seismic shifts to the way we work, and it’s crucial we make sure nobody gets left behind.
What Will AI Do for Government?
bcg.smh.re
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Join us on Tuesday, April 23, 2024, at our AI Insights: Foundations virtual symposium, where our experts will provide practical frameworks to help you identify and manage opportunities, issues, risks and next steps as you advance your AI strategy and deployment. Register here: https://okt.to/DRfiQe #AITrends #AIStrategy #IntellectualProperty #DataProtection Stephen Burns, Emmanuelle Demers, Matt Flynn, Sebastien Gittens, Caroline Poirier, Ruth Promislow
AI Insights: Foundations | Bennett Jones
bennettjones.com
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🚨 Last Chance to Register! 🚨 Join us now 9 AM ET / 1 PM GMT for an essential webinar on "Transforming Governance Complexities: Tackling the EU AI Act." Learn from experts at NetApp and Domino Data Lab how to navigate the complexities of AI governance and ensure compliance in regulated industries. Discover strategies for: 🚦 Overcoming AI adoption challenges 📊 Navigating the EU AI Act’s risk framework 🔒 Deploying AI in compliance with regulatory standards This session is crucial for IT and AI/ML leaders, CDAOs, CIOs, CROs, and Data Science leaders in heavily regulated sectors aiming to scale AI responsibly. 🔗 Secure your spot now:
Transforming governance complexities: Tackling the EU AI Act
domino.ai
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Navigating the Future: Dynamic Information Governance with AI Join our partners, Objective Corporation, for a webinar on the rapid evolution of information governance practices in the age of AI. The Objective team and Reynold (Ren) Leming will delve into the latest strategies and practices for modernising information governance frameworks and explore how the integration of AI can revolutionise processes. Attendees will learn how to prepare their organisation to be AI ready, strengthen their compliance with privacy regulations and leverage information for strategic advantage. 17 July 2024 10:00-11:00AM (BST) Register: https://lnkd.in/e9SjaBU8 #AI #artificialintelligence #infogov #governance #informationmanagement #partner #webinar
Webinar: Navigating the Future: Dynamic Information Governance with AI
objective.co.uk
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Join us on Tuesday, April 23, 2024, at our AI Insights: Foundations virtual symposium, where our experts will provide practical frameworks to help you identify and manage opportunities, issues, risks and next steps as you advance your AI strategy and deployment. Register here: https://okt.to/zF5b3i #AITrends #AIStrategy #IntellectualProperty #DataProtection Stephen Burns, Emmanuelle Demers, Matt Flynn, Sebastien Gittens, Caroline Poirier, Ruth Promislow
AI Insights: Foundations | Bennett Jones
bennettjones.com
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