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Most US companies lack mature AI governance frameworks
['Paige Gross']
CIO Dive - Latest News
Please let us know if you have feedbackDive Brief:Although most companies think their AI governance is up to par, the maturity of their programs is lacking, according to a report by compliance services firm Schellman .
, Funding AI governance can give organizations a false sense of confidence, the report found — 90% of respondents said their organization has allocated funding to AI governanc e, but many struggle with policies, oversight and accountability as AI adoption accelerates.
Dive Insight:Companies are struggling to keep pace with their AI governance as the technology is further deployed within their organizations, rapidly evolving into autonomous systems.
As companies deploy more autonomous AI capabilities, governance shouldn’t be treated like a one-time exercise, Manimbo said in a statement.
“The organizations that build trust through mature, demonstrable governance programs will be better positioned to scale AI, navigate regulatory change and create long-term business value,” Desai said.