Victoria Riess’ Expert Interview for the AI Governance Insights Series from SAP LeanIX

I am featured on the SAP LeanIX Expert Interview Series from SAP as one of their thought leaders in AI Governance!

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Victoria Riess’ Expert Interview for SAP LeanIX

The Expert Interview Series from SAP LeanIX is a series of interviews with industry professionals to increase AI Governance awareness, covering topics such as AI Governance, AI Principles, AI Regulation and AI Adoption.

To explore the current and emerging regulatory frameworks governing AI, I sat down with Andraž Reich Pogladič and spoke with him about how organizations can stay compliant and influence AI regulatory policies.

1. AI regulation

AI is already subject to regulations that apply to more than just the technology itself. Furthermore, the regulation of AI is increasing.

2. AI compliance

In the face of new and ever-changing regulatory measures, organizations should opt for self-governance approaches to stay compliant and drive alignment with their corporate values and enhance their reputation.

3. AI standards

AI was discussed by policymakers around the world and was mentioned twice as often in legislative processes in 2023 as in 2022. Activities in the field of AI standards and international cooperation have also increased.

4. AI governance

The ethical and responsible adoption of the technology has become an important consideration, leading to the rapid development and adoption of AI governance.

5. AI regulation challenges

There are three challenges for AI regulation: dealing with the speed of AI developments, analyzing the components of what to regulate and determining who regulates and how.

6. AI governance best practices

Several companies have already successfully put Responsible AI into practice and produced AI-powered products and services in an ethical and meaningful way. Let me share three of them.

7. AI regulation trends

Recognizing that each jurisdiction has a different regulatory approach consistent with different cultural norms and legal contexts, I see six areas or regulatory trends in the field of AI.

8. Responsible AI strategy

I have found that the best way for organizations to prepare for AI regulation is through a Responsible AI Strategy. At the heart of the Responsible AI strategy is a set of principles.

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