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Another Crazy Day in AI: 4 things you must know about AI Governance


Hello, AI Enthusiasts.


We hope your weekend was refreshing! Ready to tackle a new week? 😊


Here's another crazy day in AI:


  • 4 things you must know about AI Governance

  • Practical AI: Stanford's AI Index Report 2024

  • Some U.S. states have launched specialized programs to train workers on how to deal with the new technologies

  • Some AI tools to try out


 

TODAY'S FEATURED ITEM: Are You Ready for AI Governance?



We've been diving deep into the world of AI lately, and let me tell you, it's both exciting and a bit overwhelming. With all these new technologies popping up left and right, we started wondering: how on earth are companies supposed to handle all the risks and opportunities that come with AI?


Pat Brans sheds light on this question in a recent article, "4 Essential Lessons in AI Governance." It's packed with practical advice from IT leaders who've been in the trenches, figuring out how to set up solid AI governance frameworks.


We thought we'd share some of the key takeaways that really stood out to us:


  1. Leverage Existing Frameworks: Don’t reinvent the wheel. Use established frameworks for open-source and cloud technologies as a foundation for your AI governance policies.

  2. Define In-House vs. Outsourced Work: Clearly distinguish between what your team should develop and what should be purchased or sourced from external partners to ensure focused and effective AI initiatives.

  3. Protect Across the Value Chain: Safeguard intellectual property and cultural sensitivities through comprehensive AI policies and practices, including careful management of third-party data and tools.

  4. Start Early: Begin developing your AI governance policies now to stay ahead of the curve. Delaying this process can lead to missed opportunities and increased risks.


So what do you think? These lessons show that there’s no one-size-fits-all approach to AI governance, but there are definitely ways to get ahead of the game. How are you tackling AI challenges in your own work? We’d love to hear your thoughts!


 

OTHER INTERESTING AI HIGHLIGHTS:


Practical AI Insights: Stanford's AI Index Report 2024

📈 What’s New in AI?

Stanford’s 2024 AI Index Report provides an overview of the latest AI advancements and future trends. Explore what’s new in the world of AI and what to expect next.


Listen to the podcast here.


 

Upcoming AI Workforce Training Initiatives in Select U.S. States


🚀 AI Training for the Future of Work


Some U.S. states are launching new programs to train workers on the latest AI technologies. Connecticut’s Citizens AI Academy aims to provide free, online AI courses, while other states explore similar initiatives to improve AI literacy.


Read more here.


 

SOME AI TOOLS TO TRY OUT:



  • Eightify - highlights key points and insights from YouTube videos to save you time


  • Gumloop - streamlines your writing and boosts creativity


  • Kona - offers coaching for remote managers, helping you improve your leadership skills


 

That’s a wrap on today’s Almost Daily craziness.


Catch us almost every day—almost! 😉



Leveraging AI for Enhanced Content: As part of our commitment to exploring new technologies, we used AI to help curate and refine our newsletters. This not only enriches our content but also keeps us at the forefront of digital innovation, ensuring you stay informed with the latest trends and developments.

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