G

AI Governance

The framework of policies, processes, and accountability structures that guide responsible AI development and use.

In-Depth Explanation

AI governance establishes how organisations manage AI responsibly, addressing ethics, risk, compliance, and accountability. Good governance enables AI innovation while managing risks and meeting obligations.

Governance components:

  • Policies: Rules governing AI development and use
  • Processes: How AI projects are reviewed and approved
  • Roles: Who is responsible for what
  • Oversight: How AI systems are monitored
  • Ethics: Principles guiding AI decisions
  • Risk management: Identifying and mitigating AI risks
  • Compliance: Meeting legal and regulatory requirements

Key governance questions:

  • Who can build and deploy AI?
  • What review is required before deployment?
  • How are AI decisions explained and audited?
  • What happens when AI makes mistakes?
  • How is bias detected and addressed?
  • Who is accountable for AI outcomes?

Governance frameworks:

  • Risk-based (higher risk = more governance)
  • Ethics-based (principles driving decisions)
  • Compliance-based (meeting regulations)
  • Hybrid approaches

Business Context

Governance protects against AI risks while enabling innovation. Too little governance creates risk; too much stifles progress. Balance is key.

How Clever Ops Uses This

We help Australian businesses establish proportionate AI governance that manages risk without bureaucratic overhead, meeting local regulatory expectations.

Example Use Case

"Establishing governance requiring risk assessment and ethics review for customer-facing AI, lighter touch for internal productivity tools."

Frequently Asked Questions

Related Terms

Category

business

Need Expert Help?

Understanding is the first step. Let our experts help you implement AI solutions for your business.

Ready to Implement AI?

Understanding the terminology is just the first step. Our experts can help you implement AI solutions tailored to your business needs.

FT Fast 500 APAC Winner|500+ Implementations|Harvard-Educated Team