AI regulation needs clarity as laws develop globally, affecting innovation. A framework is essential for organizations to manage AI risks effectively amidst uncertainty. Current EU guidelines address specific AI systems, yet many low-risk applications remain unregulated, creating risks that require self-regulation. Companies should develop unique AI risk profiles and integrate governance standards within enterprise frameworks. Technological solutions can aid compliance and support responsible AI usage, emphasizing the need for clear governance strategies at enterprise, product, and operational levels. As regulations evolve, a proactive and balanced approach to AI governance is crucial for leveraging innovation while minimizing risks.
https://www.fticonsulting.com/uk/insights/articles/navigating-global-ai-regulation-innovation