All businesses are trying to adapt to AI as quickly as they can, but the speed at which it changes makes that a big challenge. When you ask whether organisations have a mature AI governance framework in place, some will say yes today, but that will be out of date by tomorrow. That's why the governance framework that comes with AI needs to keep up with the evolution of the technology, and organisations need to understand when it's being used, how it's being used, and have steps in place to prevent misuse.
Tim Crockford, Partner, Clyde & Co
