AI governance glossary
What is AI governance?
Definition
AI governance is the set of policies, roles, processes and tools an organization uses to make sure AI is used safely, legally, cost-effectively and in ways that create value. For most organizations, the largest and fastest-growing part is governing how employees use generative AI tools.
The three questions
Effective AI governance answers: what AI is being used and by whom; is it being used safely and within policy; and is it delivering value for what it costs.
From documents to data
Governance programs often start with policies and committees. They become effective when backed by data from monitoring: an inventory, risk events, adoption and spend.
Frameworks
ISO/IEC 42001, the NIST AI RMF and the EU AI Act all expect organizations to know which AI systems they use and to monitor them.