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Principles of AI Governance and Model Risk Management: Master the Techniques for Ethical and Transparent AI Systems

Name: Principles of AI Governance and Model Risk Management: Master the Techniques for Ethical and Transparent AI Systems
Author: James Sayles
ISBN: 9798868809835

by James Sayles

December 2024

Intermediate to advanced

491 pages

8h 52m

English

Apress

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Content preview from Principles of AI Governance and Model Risk Management: Master the Techniques for Ethical and Transparent AI Systems

J. SaylesPrinciples of AI Governance and Model Risk Managementhttps://doi.org/10.1007/979-8-8688-0983-5_8

8. Managing and Addressing AI Compliance

James Sayles¹

(1)

Spring, TX, USA

The AI Compliance Hype and History

There was not a single defining moment that ignited the AI compliance “hype,” but rather a gradual increase of attention stemming from several factors converging:

High-Profile AI Failures → As AI systems became more widely adopted, cases of bias, discrimination, and privacy violations started grabbing headlines. This fueled public concern and scrutiny of how AI is used.

Growing Regulatory Focus → The EU’s landmark GDPR (effective in 2018) set a high ...

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