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14 September 2024

AI Governance (Glossary)

Artificial intelligence Digital society Automation Cybercrime and cybersecurity Digital transformation Artificial intelligence glossary

AI governance is a term that plays an important role, particularly in the areas of artificial intelligence, digital society, cybercrime and cybersecurity. It refers to the control and monitoring of artificial intelligence (AI) by people, companies or organisations. The aim is to ensure that AI systems are used responsibly, safely and in accordance with the law and ethical principles.

Put simply, AI governance ensures that AI cannot "just do what it wants", but is given clear rules and controls. This applies, for example, to data protection, fair decisions without discrimination and the comprehensible functioning of algorithms.

An illustrative example: an insurance company uses AI to automatically analyse claims. Thanks to AI governance, it is monitored to ensure that the AI does not make any unjust decisions or misuse sensitive data. There are processes and people who regularly monitor the correct use of the technology.

AI governance is therefore an important building block to ensure that artificial intelligence benefits society and companies and does not harm them. This creates trust in new technologies and enables their safe use.

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written by:

Sanjay Sauldie

Sanjay Sauldie is a digital strategist, speaker and developer of the transruption toolkit, which companies can use to make their digital transformation measurable, human and sustainable. With kiROI - the AI-based approach to value creation in the digital age - he helps self-employed people and companies to integrate artificial intelligence into their processes in a practical way. With his outstanding marketing strategy iROI, he has already led countless companies to greater visibility and thus more profits. He combines digital innovation with disruptive thinking models for a sustainable business strategy. He studied mathematics and computer science at the University of Cologne, completed a Master of Science in Digital Disruption at the University of Salford (UK) and a Design Thinking programme at MIT/EMERITUS Singapore. As a multiple award-winning expert - including the Golden Web Award and the Innovation Award of the Initiative Mittelstand - he advises SMEs and corporations. His motto: "Digitalisation is not an end in itself - it must serve people."

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