Summary

In this chapter, we covered a lot of ground exploring the governance, compliance, and regulatory landscape. We identified the key action items for an enterprise AI governance framework: identifying what data is available and how it can be used to improve decision-making; creating a governance structure that will ensure the responsible use of AI technologies; establishing clear goals and objectives for the implementation of AI technologies; allocating resources accordingly to support the development and deployment of AI applications; and finally, monitoring and evaluating the performance of AI technologies to ensure they are meeting business objectives.

We proposed the AI STEPS FORWARD framework as a comprehensive approach to responsible AI practices that emphasizes the importance of transparency, fairness, and ethical behavior in AI development and deployment. By offering customizable governance dashboards and checklists, as well as promoting diverse perspectives and continuous...