AI Risk Management: Governance, Accountability and Transparency.

This podcast episode of The Compliance Officers Playbook discusses managing risks associated with artificial intelligence (AI). It highlights core principles like governance and transparency, examines challenges such as balancing innovation with regulation and the "black box" nature of some AI systems, and outlines actions businesses should take. These actions include implementing robust governance frameworks, regularly testing AI systems, ensuring data privacy compliance, and fostering continual improvement. The episode also looks at evolving regulatory frameworks at both state and federal levels, emphasising the need for proactive and responsible AI development.

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