What Is AI Governance And How Does It Impact AI Technology?
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AI Governance Landscape

AI governance is a manual for developing and applying artificial intelligence. It addresses everything from defining AI to establishing ethical guidelines and principles for its application.

This regulation is essential because it facilitates the resolution of various AI-related issues, including data privacy protection, ethical decision-making, algorithmic bias avoidance, and societal impact analysis. Governance of artificial intelligence encompasses not only technical matters but also social, ethical, and legal dimensions.

AI governance is essential for the responsible development and application of AI. It provides a framework of models and standards that advise all parties involved, including AI developers, policymakers, and consumers. By establishing clear rules and ethical principles, AI governance balances AI’s rapid development and the values vital to human communities.

AI Governance Levels

Governance in the AI field is flexible, utilizing recognized frameworks such as NIST and OECD. NIST’s AI Risk Management Framework, the OECD’s principles on artificial intelligence, and the European Commission’s Ethics Guidelines for Trustworthy AI are well-known frameworks.

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These frameworks encompass critical areas such as safety, security, privacy, accountability, and transparency, providing a solid foundation for proper regulatory practices. However, the degree to which an organization implements AI governance varies according to regulatory environment, organization size, and the complexity of its AI systems.

Three primary approaches to AI governance exist:

Informal governance: Devoid of a formal governance structure, this form relies on an organization’s fundamental values and principles. It also incorporates informal mechanisms such as ethical review boards.

Ad hoc governance: It is a more systematic approach that entails the development of tailored policies and procedures to address specific challenges. However, it often lacks comprehensiveness and a systematic approach.

Formal governance: This entails a comprehensive AI governance framework built on legal obligations. It embodies the organization’s values and incorporates thorough risk assessment and ethical oversight procedures.

Examples Of AI Governance Models

The multifaceted nature of responsible AI use is exemplified through instances such as the OECD AI principles, the GDPR, and corporate ethics committees, which demonstrate the diverse nature of AI governance. The General Data Protection Regulation (GDPR) is essential to AI governance as it safeguards personal data and privacy.

Although not solely centered on AI, the regulations of the European Union have a substantial influence on AI applications, particularly those that handle personal data. It prioritizes data protection and transparency in AI processes. Supported by over 40 countries, the OECD AI principles promote the development and utilization of AI systems that are accountable, transparent, and equitable.

The corporate AI Ethics Committee is another example of AI governance, with numerous organizations inaugurating AI ethics committees. These boards ensure that all artificial intelligence (AI) initiatives comply with ethical standards and societal expectations.

Stakeholder’s Involvement In AI Governance

Nevertheless, AI governance is complicated and requires input from all sectors, including government, industry, academia, and civil society. Involving various stakeholders ensures that multiple perspectives are addressed when building governance frameworks, resulting in more complete and inclusive policies.

This participation also encourages a shared responsibility for AI technologies’ ethical development and application. By involving stakeholders in the governance process, policymakers can access diverse expertise, ensuring that frameworks are comprehensive, adaptive, and capable of handling AI’s various uses.

The Road Ahead

Technological breakthroughs, shifting cultural norms, and the significance of international collaboration will all impact AI governance in the future. As AI systems advance, the laws that govern them will change. Thus, there will be a greater emphasis on sustainable and human-centered AI methods.


Given the global nature of AI technology, the future of AI governance will necessitate international collaboration. This entails coordinating legal frameworks across borders, developing global AI ethics and standards, and ensuring AI’s safe deployment in varied cultural and regulatory situations. Analysts predict there will likely be development of Sustainable and Human-centered AIs, each serving different purposes.

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George Ward

By George Ward

George Ward is a crypto journalist and market analyst at Herald Sheets, known for his engaging articles on the latest digital currency trends. With a background in finance and journalism, he presents complex topics accessibly. George holds a degree in Business and Finance from the University of Cambridge.

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