This IDC Perspective covers AI/ML business risks and potential negative business impact if not mitigated appropriately. It provides an AI governance framework for building and deploying trustworthy and ethical AI. The document reviews the foundational elements of trust and accountability. It also includes an overview of the major technology offerings to help build and run fair, explainable, secure, safe, and transparent AI, and it provides actionable guidance to technology buyers to embrace AI while safeguarding exposure to unintended negative outcomes.
"The rapid rise of digital transformation has pushed AI to the top of the corporate agenda. However, as we accelerate into the mainstream, organizations will need to build trustworthy and ethical AI to realize AI/ML at scale and enjoy sustainable competitive advantage," says Ritu Jyoti, program vice president, Artificial Intelligence Strategies at IDC.