Name: Towards AI Legal Name: Towards AI, Inc. Description: Towards AI is the world's leading artificial intelligence (AI) and technology publication. Read by thought-leaders and decision-makers around the world. Phone Number: +1-650-246-9381 Email: [email protected]
228 Park Avenue South New York, NY 10003 United States
Website: Publisher: https://towardsai.net/#publisher Diversity Policy: https://towardsai.net/about Ethics Policy: https://towardsai.net/about Masthead: https://towardsai.net/about
Name: Towards AI Legal Name: Towards AI, Inc. Description: Towards AI is the world's leading artificial intelligence (AI) and technology publication. Founders: Roberto Iriondo, , Job Title: Co-founder and Advisor Works for: Towards AI, Inc. Follow Roberto: X, LinkedIn, GitHub, Google Scholar, Towards AI Profile, Medium, ML@CMU, FreeCodeCamp, Crunchbase, Bloomberg, Roberto Iriondo, Generative AI Lab, Generative AI Lab Denis Piffaretti, Job Title: Co-founder Works for: Towards AI, Inc. Louie Peters, Job Title: Co-founder Works for: Towards AI, Inc. Louis-François Bouchard, Job Title: Co-founder Works for: Towards AI, Inc. Cover:
Towards AI Cover
Logo:
Towards AI Logo
Areas Served: Worldwide Alternate Name: Towards AI, Inc. Alternate Name: Towards AI Co. Alternate Name: towards ai Alternate Name: towardsai Alternate Name: towards.ai Alternate Name: tai Alternate Name: toward ai Alternate Name: toward.ai Alternate Name: Towards AI, Inc. Alternate Name: towardsai.net Alternate Name: pub.towardsai.net
5 stars – based on 497 reviews

Frequently Used, Contextual References

TODO: Remember to copy unique IDs whenever it needs used. i.e., URL: 304b2e42315e

Resources

Unlock the full potential of AI with Building LLMs for Productionβ€”our 470+ page guide to mastering LLMs with practical projects and expert insights!

Publication

AI Governance Best Practices: A Framework for Data Leaders
Artificial Intelligence   Latest   Machine Learning

AI Governance Best Practices: A Framework for Data Leaders

Last Updated on October 19, 2024 by Editorial Team

Author(s): David Sweenor

Originally published on Towards AI.

This member-only story is on us. Upgrade to access all of Medium.

Colorado State Capital β€” Photo by Author David E. Sweenor

The debate over the role of AI governance in business success is not just about compliance or ethical concerns β€” it’s a question of whether companies can realize the financial potential that AI promises to unlock. As AI moves from concepts and proofs-of-concept (POCs) to a core component of business operations, the real question for business leaders is not if AI governance matters, but how it directly influences their bottom line.

Unfortunately, many organizations underestimate the importance of AI-ready data and governance, assuming they can retrofit data and AI strategies once their AI/ML models are in place. This assumption leads to project delays, underperformance, and inflated costs, all of which can be avoided with proper governance from the outset.

This blog argues that robust AI governance should be a forethought, not an afterthought. AI governance, grounded in trustworthy data, is essential for ensuring AI’s financial returns and long-term business viability. Business leaders who fail to prioritize this foundational step set themselves up for failure.

The argument for AI governance is not just theoretical β€” it’s backed by measurable financial outcomes. Research by Gartner… Read the full blog for free on Medium.

Join thousands of data leaders on the AI newsletter. Join over 80,000 subscribers and keep up to date with the latest developments in AI. From research to projects and ideas. If you are building an AI startup, an AI-related product, or a service, we invite you to consider becoming aΒ sponsor.

Published via Towards AI

Feedback ↓