AI Governance Collaboration Between Collibra and Deloitte

This whitepaper outlines the collaborative efforts between Collibra and Deloitte to establish AI governance through their joint initiative, Ethikit, which is based on Deloitte's Trustworthy AI Framework. The document discusses the challenges organizations face in leveraging artificial intelligence while addressing risks related to bias, privacy, security, and ethical concerns. It emphasizes the importance of reliable data governance and the need for organizations to implement responsible AI practices to maximize their AI strategy's return on investment. The whitepaper details foundational capabilities necessary for effective AI governance, including enterprise data governance and risk management. It describes a structured approach to identifying AI use cases, establishing accountability, and integrating risk mitigation tools throughout the AI development lifecycle. Additionally, it highlights the significance of communication, training, and change management in fostering a culture of ethical AI practices within organizations.