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Approaches to Responsible Governance of GenAI in Organizations

Created by
  • Haebom

Author

Dhari Gandhi, Himanshu Joshi, Lucas Hartman, Shabnam Hassani

Outline

This paper addresses the complex challenges and opportunities surrounding ethics, accountability, and societal impacts brought about by the rapid development of generative artificial intelligence (GenAI). Drawing on a literature review, existing governance frameworks, and industry roundtable discussions, it presents core principles for integrating responsible GenAI governance into diverse organizational structures. It aims to provide actionable recommendations for a balanced, risk-based governance approach that enables both innovation and oversight. It emphasizes the need to build trustworthy GenAI through adaptable risk assessment tools, ongoing monitoring practices, and cross-sector collaboration. It also provides a structural foundation and a guide to Responsible GenAI (ResAI) to align GenAI initiatives with ethical, legal, and operational best practices.

Takeaways, Limitations

Takeaways:
Presenting core principles and actionable recommendations for integrating responsible GenAI governance.
Emphasizes the importance of adaptable risk assessment tools, continuous monitoring, and cross-sector collaboration.
Providing a structural foundation and ResAI for GenAI initiatives that adhere to ethical, legal, and operational best practices.
Limitations:
Further empirical research is needed to determine the practical applicability and effectiveness of the presented principles and recommendations.
Further examination of generalizability to diverse organizational structures is needed.
Lack of tailored guidance for specific industries or sectors
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