Mani Padisetti, Co-Founder & COO of Digital Armour, explores tech's wonders through insights. Read Mani Padisetti's full executive profile here.
In today's rapidly evolving technological landscape, many businesses leverage powerful AI tools like Azure OpenAI Service and Microsoft 365 Copilot to drive innovation and efficiency. However, a common question arises when discussing the importance of AI governance:"Why do we need AI governance if we use third-party tools?"
Understandably, organizations might assume third-party tools come with built-in safeguards, but the responsibility for ethical and effective AI use ultimately lies with the business itself. Here’s why AI governance is crucial, regardless of whether your AI solutions are built in-house or purchased from external vendors.When you deploy AI within your organization, you are accountable for its outcomes.
Governance frameworks are structured approaches to ensure AI is used responsibly within an organization. For example, a business can develop a governance framework by defining roles and responsibilities across different departments to oversee AI operations, such as an AI ethics board or a specific governance committee.The Best Brewery In The U.S.—According To The U.S. Open Beer Championship
To implement this, businesses can start by conducting an AI audit to assess current practices and then establish clear policies and procedures that outline accountability for AI decision-making processes and outcomes.Third-party AI tools are often designed to be flexible and customizable to fit various business needs. However, without proper governance, these customizations can lead to unintended consequences.
While third-party AI tools can offer incredible capabilities, your organization is responsible for their ethical and effective use. Implementing a robust AI governance framework is essential to managing this responsibility, ensuring that your AI initiatives are accountable, fair and aligned with your business objectives. By doing so, you can leverage the full potential of AI while safeguarding your organization's integrity and success.
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