Artificial Intelligence [AI] promises immense benefits, but it also poses challenges and risks unless it is governed properly. In 2023 AI usage exploded - AI has emerged as a disruptive force, propelling organisations into the future. Its transformative capabilities promise efficiency, accuracy, and scalability, providing a significant competitive edge for today’s organisations. However, alongside the immense potential, AI poses unique risks and challenges. In its 2024 Global Risk Report the WEF cites AI generated misinformation and disinformation as the top risk that is likely to present material on a global level in 2024 -  Without proper governance AI has the potential to pose threats such deepfakes, disinformation and hallucination -AI Governance is a necessity to foster ethical and responsible use of AI. It ensures that AI implementation is transparent, safe, and responsible with the appropriate guardrails.

 

In this session delegates will learn:

 

• What AI Governance is

• The Business Case of AI Governance

• Key Areas of AI Governance

• Pillars of AI Governance – AI Strategy, AI Risk,..

• The Future of AI Governance 

• The Role of IT Auditors & Audit Committees in AI Governance

• AI Frameworks and Regulations