AI Governance refers to the principles, frameworks, and legal structures that ensure the responsible use of AI. It aims to manage risks, ensure ethical deployment, and maintain transparency in the use of AI technologies. The goal is to prevent legal, financial, and reputational damage that could result from misuse or biased outcomes from AI systems.

• Legal and regulatory compliance
• Ethical use of AI in decision-making processes
• Transparency and explainability of AI systems
• Risk management and mitigation
• Financial regulation and oversight
• Reputational risk management

A company implementing an AI-powered recruitment system to ensure fair hiring practices and avoid discrimination against certain groups of candidates

• Responsible AI