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How To Navigate AI Governance In Text Analytics

Mar 19, 2024 - forbes.com
The article discusses the importance of AI governance in the field of text analytics, a branch of natural language processing. It emphasizes the need for ethical considerations, transparency, data privacy, and protection in AI models. The author suggests that businesses considering investing in AI-based text analytics should prioritize governance to mitigate risks and foster sustainable growth. He also provides a set of questions to help determine if a text analytics provider follows robust governance practices.

The article further highlights the need for a team well-versed in AI governance, the importance of keeping up with rapid changes in the regulatory landscape and technology, and the necessity to guard against manipulated content and biases. It concludes by stating that AI intensifies ethical dilemmas, requiring vigilant governance and societal discourse across regulatory, academic, industry, and corporate spheres.

Key takeaways:

  • Governance in AI, including ethical guidelines, data privacy and security, and accountability, is crucial for the responsible development and deployment of AI technologies, particularly in text analytics.
  • It's important to evaluate your team's expertise in AI governance and provide necessary training to handle the challenges that arise during the development and deployment of text analytics solutions.
  • Keeping up with the rapid changes in the regulatory landscape and foundational technology in text analytics is essential to ensure the product's relevance and viability.
  • Governing bodies must guard against manipulated content and biases in AI systems, and regulate to ensure equity, acknowledging that legacy biases reflect certain worldviews within the developer and user communities.
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