FEATURE : AI GOVERNANCE
While AI-ML has the potential to revolutionise African industries and transform decision-making , it is important to remain vigilant explains Gary Allemann at Master Data Management . deployment , and use of AI systems . The aim of AI governance is to ensure that AI is developed and used in a way that is safe , transparent , ethical , and accountable .
We need AI governance for several reasons . First , AI is rapidly advancing and has the potential to impact many aspects of society , including employment , healthcare , and security . Therefore , it is crucial to ensure that AI is developed and used in a responsible and ethical manner .
Over the past few months , there has been a lot of hype about ChatGPT and its wonders . Make no mistake , ChatGPT is popularising Artificial Intelligence to the masses and certainly can add tremendous value for selected use cases .
However , sometimes AI tools ’ logic can be flawed , alongside its basic arithmetic . Now imagine this was calculating your risk profile , to see whether you qualified for a lower interest rate , or even to buy your first house . Does this mean that all AI is bad ? No , but it does illustrate the importance of AI governance and data integrity .
We cannot simply assume that AI or Machine Learning will work with any dataset and any use case , we need to test and manage changes to both the data and the model to ensure the integrity of results .
AI Governance
AI governance refers to the set of principles , policies , and regulations that guide the development ,
Second , AI systems can be biased or make decisions that are unfair or discriminatory , which can have serious consequences for individuals and groups . AI governance can help to mitigate these risks and ensure that AI is used in a fair and equitable way . Third , AI governance can help to build trust and confidence in AI systems , which is essential for their widespread adoption and use .
Key components of AI governance include :
Standards and guidelines
AI governance establishes standards and guidelines for the development and deployment of AI systems . These standards and guidelines help ensure that AI systems are developed and used in a way that aligns with ethical , legal , and social norms .
Oversight and accountability
AI governance ensures that individuals and organisations are accountable for the development and use of AI systems . Oversight mechanisms , such as audits and assessments , are put in place to
How African enterprises need to manage their AI strategy
34 INTELLIGENTCIO AFRICA www . intelligentcio . com