1 00:00:02,120 --> 00:00:08,960 Creating robust AI risk management frameworks is fundamental to navigating the complexities and uncertainties 2 00:00:08,960 --> 00:00:11,060 inherent in AI technologies. 3 00:00:11,570 --> 00:00:17,300 In this section, you will learn how to develop comprehensive frameworks that identify, assess, and 4 00:00:17,300 --> 00:00:23,510 mitigate potential risks associated with AI deployment, ensuring technological innovations are both 5 00:00:23,510 --> 00:00:25,190 effective and secure. 6 00:00:25,850 --> 00:00:31,190 Building on this foundation, we will explore the AI governance infrastructure, focusing on the key 7 00:00:31,190 --> 00:00:35,450 roles and responsibilities critical to overseeing AI initiatives. 8 00:00:36,050 --> 00:00:40,910 In this part, you will gain insights into structuring governance bodies and defining accountability 9 00:00:40,910 --> 00:00:45,110 mechanisms that ensure ethical and efficient AI operations. 10 00:00:46,220 --> 00:00:50,870 Effective AI governance also requires seamless cross-functional collaboration. 11 00:00:51,020 --> 00:00:56,660 Here, you will discover strategies to foster cooperation across various departments, ensuring that 12 00:00:56,690 --> 00:01:01,940 AI integration is holistic, inclusive, and aligned with organizational goals. 13 00:01:03,260 --> 00:01:09,500 Understanding AI regulatory requirements and compliance procedures is paramount for any organization. 14 00:01:10,010 --> 00:01:14,990 We will delve into the legal and regulatory landscapes, equipping you with the knowledge to navigate 15 00:01:14,990 --> 00:01:20,450 compliance challenges and align AI practices with current and emerging regulations. 16 00:01:21,080 --> 00:01:27,050 Establishing a responsible AI culture within organizations is essential for sustainable success. 17 00:01:27,080 --> 00:01:32,660 This lesson will guide you in cultivating ethical standards, promoting transparency, and embedding 18 00:01:32,660 --> 00:01:37,160 responsible AI principles into the core of your organization's culture. 19 00:01:37,940 --> 00:01:44,060 Assessing AI maturity levels in business functions is crucial for determining readiness and potential 20 00:01:44,060 --> 00:01:45,350 areas of improvement. 21 00:01:45,890 --> 00:01:51,620 You will learn how to evaluate AI capabilities across different functions, providing a clear roadmap 22 00:01:51,620 --> 00:01:54,590 for scaling and optimizing AI strategies. 23 00:01:55,460 --> 00:02:01,370 Finally, managing third party risks in AI systems addresses the complexities of collaborating with 24 00:02:01,370 --> 00:02:03,590 external AI vendors and partners. 25 00:02:03,950 --> 00:02:10,310 This section will teach you to identify and mitigate risks associated with third party AI solutions, 26 00:02:10,310 --> 00:02:15,920 ensuring they meet your organization's standards for performance, security, and compliance. 27 00:02:17,540 --> 00:02:22,370 By the end of this section, you will have a comprehensive understanding of the key elements required 28 00:02:22,370 --> 00:02:28,850 for effective AI governance, equipping you with the tools and knowledge to implement and oversee AI 29 00:02:28,850 --> 00:02:31,400 initiatives responsibly and effectively.