Wednesday, September 25, 2024

digital governance ideas

🚨 [AI Governance] Have you come across the term "digital governance"? Did you know that privacy careers are evolving, and AI governance expertise is becoming increasingly valuable? Here's what you need to know:

1️⃣ The IAPP has just released its "Organizational Digital Governance Report 2024," which is essential reading for those working in privacy and AI governance (link provided below).

2️⃣ Many organizations face challenges in structuring their internal digital governance frameworks. Alongside this, privacy roles are shifting, and top privacy professionals must now be well-versed in navigating AI governance concerns. Here are two key excerpts from the IAPP report:

"Existing C-suite leaders of specific domains are seeing their personal remits expanded and elevated. For example, 69% of chief privacy officers surveyed have acquired additional responsibility for AI governance, while 69% are responsible for data governance and data ethics, 37% for cybersecurity regulatory compliance, and 20% for platform liability. This trend continues at a team level, with over 80% of privacy teams gaining responsibilities that extend beyond privacy. At 55%, more than one in two privacy professionals works in functions with AI governance responsibilities. At 58%, more than one in two privacy pros has picked up data governance and data ethics. At 32%, almost one in three covers cybersecurity regulatory compliance. At 19%, almost one in five has platform liability responsibilities."

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"One trend taking root is the expansion and greater empowerment of the role of the CPO. Some of this extends to include responsibility for other digital governance subdomains. For example, many CPOs have acquired responsibility for AI governance. The IAPP-EY Professionalizing Organizational AI Governance Report found 63% of organizations have tasked their privacy functions with AI governance responsibility. In some cases, the extension is even broader to include digital safety and ethics. These are logical extensions in many ways, given the disciplinary, regulatory and governance overlaps. This trend can be observed through the changing job titles in the market, with many additional descriptors tagged on to CPO titles over the past year."

3️⃣ Privacy careers are evolving, adapting to new demands. As AI continues to expand, AI governance skills are increasingly sought after. If you're looking to enhance your privacy career or transition into AI governance, now is an opportune time to upskill and pursue AI governance training—many already recognize this shift.

4️⃣ Check out the full report below.

5️⃣ Considering designing an AI governance Bootcamp. Any ideas welcome. 

6️⃣ In the ever-changing world of "digital governance," staying informed is crucial. Perhaps a newsletter for the latest updates in AI policy, compliance, and regulation would be good.

➡️ Read the full report:
https://t.co/kxdsvbHuFy

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