Rick & Rob: New Research on AI Governance in App Dev

In this episode of Low Down on Low-Code, Rob Koplowitz and Rick Greenwald discuss the governance of AI in enterprises, focusing on a new research project conducted in collaboration with Microsoft. They explore the risks associated with AI, the importance of a structured governance framework, and the need for centers of excellence to effectively implement AI technologies. The conversation emphasizes the necessity of understanding both the potential benefits and risks of AI, advocating for a balanced approach to its deployment in business environments.

Takeaways
-AI governance is crucial for enterprise success.
-The foundations of AI pose significant risks that must be managed
-Outlawing AI leads to unregulated use.
-Proper governance can mitigate AI risks.
-Data security is paramount in AI governance.
-The VRPP framework helps assess AI value and risk.
-Centers of excellence are vital for AI implementation.
-Understanding AI's non-deterministic nature is essential.
-Rigor in AI projects is necessary to avoid pitfalls.
-Collaboration with established firms like Microsoft enhances governance.