TheCorporateCounsel.net

Zach Barlow recently highlighted a Frost Brown Todd memo on the AI Counsel Blog that addresses AI governance considerations. Zach notes:

The memo goes on to provide several best practices for AI governance including:

– “Establishing clear data provenance and governance practices.

– Designating cross-functional AI leads within the organization (legal, IT, HR, etc.).

– Providing employee-level training on AI tools and acceptable uses.

– Updating licensing agreements to reflect new transparency requirements.

– Maintaining awareness of evolving federal and state-level regulations.”

Good AI governance isn’t always easy, but through utilizing best practices companies can capitalize on AI and minimize risk. One key point is that AI can be applied very differently across a company. These differing use cases present unique governance challenges and underlie the need for transparency at every level. Companies should also be clear in their policies about what constitutes “AI use.” Sales and marketing may use AI in the context of pitching ideas or writing copy, and research and development may use machine learning AI systems to analyze data or develop new products. Good AI governance requires leadership to understand all AI deployments within a company and the unique challenges associated with each.

If you have not checked out all of the useful information available on the AI Counsel Blog, I encourage you to do so today. If you do not have access to the blog, please sign up online or email sales@ccrcorp.com.

– Dave Lynn