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How to balance risk and governance in GenAI
Manage episode 421906127 series 3511885
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This episode of the EY.ai Podcast - https://www.ey.com/en_in/media/podcasts takes a deep dive into the crucial topic of risk and governance in generative AI (GenAI). We’re joined by Abbas Godhrawala, Partner, Risk Consulting at EY India, who offers his expert insights on how businesses can navigate the complexities of implementing GenAI responsibly and ethically.
As GenAI continues to reshape industries, effective governance and risk management frameworks are key to ensuring that AI systems are transparent, accountable, and aligned with regulatory standards.
In this episode, you'll hear about:
- Mitigating risks in GenAI: How to manage ethical concerns, biases, and security threats associated with AI technologies.
- Governance frameworks: Best practices for aligning AI deployment with regulatory standards while promoting transparency and fairness.
- Strategic insights: Abbas Godhrawala’s perspective on balancing innovation and risk, and how to build responsible AI governance structures.
- The future of GenAI: What the future holds for businesses adopting AI, and how to ensure AI-driven solutions remain ethical and compliant.
Key Takeaways:
- Effective risk management and governance are essential to the responsible deployment of generative AI.
- AI governance frameworks should focus on fairness, transparency, and accountability to mitigate risks.
- Balancing innovation with ethical considerations is key to unlocking the full potential of GenAI.
Tune in to discover how to govern generative AI responsibly and position your organization for success!
Subscribe for More:
- Stay tuned for more expert-led discussions on the EY.ai Podcast.
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