Experts Emphasize Need for Responsible Governance as Generative AI Advances

Experts say everyone is accountable for determining how generative AI innovations will be implemented across the economy. A range of skillsets is needed to do this work responsibly.

Organizations should aim to meet NIST's AI risk management framework to reduce discrimination, increase transparency, and ensure trustworthiness.

Top risks of generative AI include workforce impact, privacy/IP, bias, and hallucinations. CEOs and boards must lead in governance.

Training is key to address workforce concerns, including general awareness of responsible AI and targeted training for data scientists.

Government officials recognize the potential benefits and risks of generative AI. They aim to develop processes to evaluate the technology responsibly.