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It's clear that AI can bring tremendous value to a business. AI systems can increase productivity and efficiency, for example, by automating repetitive tasks, improving existing processes, or running analysis 24/7. But how do we manage the risks that come with it? Risks can be costly - from heavy losses or fines to reputational damage, there is a lot at stake. How do we ensure that the outputs of AI systems are accurate, fair, and explainable? We believe that the foundation for trustworthy AI systems is implementing solid AI governance practices. Below, we outline the risks - what these potential pitfalls might look like, and what steps you can take to start your AI governance journey. #aigovernance #responsibleai #aisafety

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