In-house attorneys are being encouraged to take a leading role in developing artificial intelligence (AI) governance policies for their organizations, as discussed in a recent panel at the Association of Corporate Counsel conference. Legal experts advise that these legal professionals should create comprehensive governance frameworks, assemble cross-functional teams to evaluate AI-related needs and risks, and regularly audit and update their AI policies. This proactive approach is necessary to align with the rapid advancements in AI technology, ensuring that policies remain effective and relevant in the constantly evolving landscape. Such strategies will help organizations manage potential legal, ethical, and operational challenges posed by AI deployment.
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