Corporate Governance in AI-Driven Organisations
Singapore’s Personal Data Protection Commission (“PDPC”) released the second edition of its Model AI Governance Framework (“Model Framework”) at the 2020 World Economic Forum Annual Meeting in Davos, Switzerland. The Model Framework has been updated following feedback from organisations that have adopted artificial intelligence (“AI”), as well as feedback from PDPC’s participation in international platforms. The Model Framework is a general ready-to-use tool for organisations deploying AI solutions and is meant to serve as guidance. Adoption of any of the practices in the Model Framework is voluntary. Additionally, the World Economic Forum released an AI Board Toolkit to help organisations better understand the issues surrounding the deployment of AI solutions.
In this article, Heng Jun Meng, Director of ZICO Insights Law LLC discusses corporate governance issues for AI-driven organisations and matters to consider in the deployment of AI.