KEY TAKEAWAYS:
- The current Model Governance processes and tools need to be augmented to accommodate AI
- The modern enterprise cannot afford to wait to implement an AI Model Governance framework due to business, operational, and risk concerns
- A robust AI Model Governance framework should cover more than just Ethical Fairness, but account for business, data, IT, risk, and security concerns
- Getting started with an AI Model Governance framework can be achievable in months