Recognizing the complexities of AI governance, industry experts like Gartner have developed specific frameworks to guide organizations in this area. Per Gartner, AI Trust, Risk, and Security Management (AI TRiSM) is an emerging technology trend that will revolutionize businesses in coming years. This framework, focusing on risk mitigation and alignment with data privacy laws in the use of AI, comprises four pillars:
Structured frameworks like Gartner’s herald the need for transparency in AI processes. Enterprise leaders are obliged to provide clear insights into their automation processes and document the health and functionality of their AI models to meet essential regulatory standards.