Tag: RiskManagement

The Rise of Shadow GenAI and the Risk of Technical Debt

I have written previously about technical debt and GenAI choices and when you add on Shadow GenAI the situation becomes even more complex. The accessibility of Generative AI (GenAI) tools means that everyone can innovate like never before. However, this surge in un-monitored GenAI usage, often referred to as “Shadow AI”, combined with GenAI only now starting to come down from the ‘Peak of Inflated Expectations’ can lead to significant challenges, including the accumulation of technical debt within organisations.

Identifying AI Risks: A New Tool for Businesses

Understanding the risks in any organisation or project takes time and usually involves one or more risk workshops, more often than not starting with a blank sheet of paper. Massachusetts Institute of Technology (MIT) have provided us with a short cut to identify risks associated with artificial intelligence using a new resource, the AI Risk Repository – save time and improve the breadth and depth of risks.

ISACA Announces AI Audit Toolkit: What You Need to Know and Why it’s Good for System Design…

In a significant move to bolster AI governance and compliance, ISACA has unveiled its AI Audit Toolkit. This toolkit is designed to help organisations navigate the complexities of auditing AI systems, providing a structured approach to assess and ensure their AI technologies are both effective and ethically sound. Although focused on Audit, why not use it to help drive design work?

Deploying AI: What Somebody Seems to be Putting Together

After posting last weeks article (Deploying AI: What nobody seems to be putting together) where I suggested that we have fragmentation in approaches to AI deployment I saw a number of things come together. EY launched EY.ai (actually, back in Sept 2023), then a great post from Chris Howard at Gartner (Top of Mind – “Are 100% Accurate AI Language Models Even Useful?”) where Chris mentions ‘…as we hit the trough of disillusionment with generative AI…”.

Navigating the AI Frontier: What Canada’s AIDA Regulation Means for Your Business

As AI continues to reshape industries and societies, governments worldwide are grappling with how to regulate this transformative technology. Canada has taken a significant step forward with the proposed Artificial Intelligence and Data Act (AIDA). This article investigates what AIDA could mean for businesses and how to prepare for its implementation.