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The rising need for AI governance

ARTIFICIAL intelligence (AI) has become a major disruptor in industries and workplaces worldwide. Rapid developments in the strength and efficiency of AI systems in solving longstanding problems have turned the once niche tech into an essential productivity tool.

However, the rapid integration of AI in workplaces has caused considerable friction, due to in no small part to the lack of rules and governance standards underpinning its development and use. AI tools that are used recklessly without rules and standards can harm a company's bottom line and even its reputation.